New Acquisitions - January - December 1998
UNIVERSITY OF ADELAIDE. Department of Economics.
98-1 Williams, Jenny & Sickles, Robin C. The fable of crime as
work. 30p.
98-3 Williams, Jenny & Sickles, Robin C. An intertemporal model
of rational criminal choice. 41p.
98-2 Williams, Jenny & Sickles, Robin C. On the role of social
capital in youth crime: a dynamic structural approach. 40p.
92-4 McLean, I.W. & Woodland, S.J. Consumer prices in Australia,
1850-1914. 55p.
96-1 Tisato, Peter & Porter, Nathan. Pollution control and cost
minimising responses. 18p.
98-6 Brennan, G. & Pincus, J.J. Is vertical fiscal imbalance so
inefficient?, or: the flypaper effect is not an anomaly.
16p.
98-5 Pomfret, Richard. Poverty in the Kyrgyz Republic. 16p.
98-7 Damania, Richard. The scope for exchange rate pass-through
in an oligopoly. 26p.
98-8 Damania, Richard. A value added tax in an oligopolistic
economy. 16p.
UNIVERSITY OF ALBERTA. Department of Economics.
98-1 Sharir, Shmuel. Compensating for damages with the
"dedicated portfolio approach" and comparison with the
"discount rate" approach. 31p.
98-2 Sharir, Shmuel. Employer's tastes for discrimination,
nepotism and being boss: modeling and implication for the
persistence of disc. 20p.
98-3 Buse, A. & Chan, W.H. Invariance, price indices and
estimation in almost ideal demand systems. 38p.
98-4 Sharir, Shmuel. Nepotism, discrimination and value of
owner's ability to choose employees: issues of persistence,
definitions, and . 16p.
UNIVERSITY OF ALBERTA. Institute for Public Economics.
98-1 Boothe, Paul & Hermanutz, Derek. Paying for ACCESS:
province by province. 34p.
UNIVERSIDAD DE ALICANTE. Dept. de Fundamentos de Analisis Econ.
9724 Alos-Ferrer, Carlos, Ania, Ana B. & Vega-Redondo, Fernando.
From Walrasian oligopolies to natural monopoly: an
evolutionary model of market structure. 27p.
9727 Bevia, Carmen, Quinzii, Martine & Silva, Jose A. Buying
several indivisible goods. 40p.
9725 Echevarria, Cristina & Merlo, Antonio. Gender differences
in education in a dynamic household bargaining model. 35p.
9726 Urbano, Amparo & Vila, Jose E. Pre-play communication and
coordination in two-player games. 44p.
9723 Vega-Redondo, Fernando. Unfolding social hierarchies in
large population games. 40p.
PAGE 2
9802 Alcalde, Jose & Revilla, Pablo. The role of unions in
hiring procedures for job markets. 13p.
9803 Perez, Felipe. Private experience in adaptive learning
models. 34p.
9801 Peris, Josep E., Sanchez, M. Carmen & Subiza, Begona.
Numerical representation of choice functions. 23p.
9808 Alos-Ferrer, Carlos. Dynamical systems with a continuum of
randomly matched agents. 33p.
9809 Calzolari, Giorgio, Di Iorio, Francesca & Fiorentini,
Gabriele. Control variates for variance reduction in
indirect inference: interest rate models in continuous time.
19p.
9811 Diaz, Antonia & Echevarria, Cristina. Kinship related
altruistic preferences and intervivos transfers. 48p.
9804 Diaz, Antonia & Guillo, M. Dolores. Some stylized facts of
Spanish unemployment. 49p.
9810 Fiorentini, Gabriele & Planas, Christophe.
Non-admissibility and the specification of unobserved
components models. 44p.
9806 Gines, Miguel & Marhuenda, Francisco. Welfarism in specific
economic domains. 20p.
9807 Guerrero-Luchtenberg, Cesar. A turnpike theorem for a
family of functions. 38p.
9812 Herrero, Carmen & Pinto, Jose L. Comparison and evaluation
of states of health. 28p.
9805 Peris, Josep E. & Sanchez, M. Carmen. Fixed agenda social
choice correspondences. 31p.
9814 Alos-Ferrer, Carlos, Ania, Ana B. & Schenk-Hoppe, Klaus R.
An evolutionary model of Bertrand oligopoly. 29p.
9813 Fauli-Oller, Ramon. Mergers between asymmetric firms:
profitability and welfare. 20p.
9815 Herrero, Carmen. An alternative theory of health care
decision making. 17p.
9817 Herrero, Carmen & Villar, Antonio. Preeminence and
sustainability in bankruptcy problems. 18p.
9816 Peitz, Martin. Consumer heterogeneity and market
imperfections. 22p.
9818 Peitz, Martin. Two-stage models of product differentiation
with unit-elastic demand. 27p.
9823 Amoros, Pablo. Single-peaked preferences with several
commodities. 40p.
9824 Hammond, Peter & Villar, Antonio. Valuation equilibrium
revisited. 20p.
9820 Herrero, Carmen. Minimal rights in claims problems. 13p.
9819 Lamo, Ana E. Unemployment in Europe and regional labor
fluctuations. 32p.
9822 Ortuno, Ignacio. Ideological versus Downsian political
competition. 28p.
9821 Peitz, Martin. A difficulty with the address models of
product differentiation. 18p.
ASOCIACION SUDEUROPA DE ECONOMICA TEORICA. Econ. Disc. Papers.
167 Catigny, Pierre & Blot, Joel. Optimality infinite horizon
variational problems with holonomic constraints. 17p.
PAGE 3
170 Davidson, Russell & MacKinnon, James G. Bootstrap tests of
nonnested linear regression models. 24p.
168 de la Croix, David & Michel, Philippe. Optimal growth when
tastes are inherited. 16p.
164 Fernandez Macho, Javier & Roca Castro, Maria Jose. Testing
for convergence: the punt-Sterling relationship in the
context of the EMS. 20p.
165 Gonzalez Casimiro, Pilar. Selection of the timing interval
in structural time series models. 35p.
172 Grafe, Fritz & Mauleon, Ana. Externalities and free trade
agreements. 21p.
169 Hamiache, Gerard. A value with incomplete communication.
34p.
166 Kirman, Alan. Interaction and markets. 69p.
171 Saracho, Ana I. The implications of intertemporal
consistency for patent licensing. 58p.
173 Van Long, Ngo & Soubeyran, Antoine. Cost manipulation in an
asymmetric oligopoly: the taxation problem. 34p.
174 Van Long, Ngo & Soubeyran, Antoine. Cost manipulation in
oligopoly: a duality approach. 34p.
ATHENS UNIVERSITY OF ECONOMICS & BUSINESS. Dept. of Economics.
78 Demopoulos, George D. & Angeletos, George-Marios. In and
out: the European Monetary Union: costs and dynamics of
economic convergence. 46p.
91 Demopoulos, George D. & Yannacopoulos, Nicholas A.
Conditions for an optimality of an optimum currency area.
17p.
92 Petersen, Hans-Georg. Redistribution and the
efficiency/justice tradeoff. 34p.
93 Collard, Fabrice & Kollintzas, Tryphon. Depreciation rate
along the business cycle. 21p.
96 Siakantaris, Nikos P. Laboratory experimentation in
economics under the microscope. 23p.
98 Vlassis, Minas. Endogenous wage-compliance and
"underground" wages in oligopoly. 23p.
94 Baltas, Nicholas C. Greek legislation on competition policy
and its implementation. 9p.
95 Demopoulos, George D., Fratzeskos, Emmnauel K. & Kapopoulos,
Panayotis T. Fiscal imbalances and exchange rate
management: Greece on the track of EMU. 19p.
100 Demopoulos, George D., et cl. Unemployment persistence
mechanisms and stabilisation policies: Greece on the way to
EMU. 24p.
99 Fotopoulos, Georgios & Louri, Helen. Determinants of hazard
confronting new manufacturing firms in Greece, 1982 - 1992.
21p.
AUSTRALIAN NATIONAL UNIVERSITY. Faculty of Economics.
332 Donoghue, Mark & Wright, Mark L.J. William T. Thornton on
the economics of trade unions: an early contribution to
efficient bargaining theory. 27p.
PAGE 4
333 Heaney, Richard & Hooper, Vince. An examination of the
variation in equity market returns and volatility in the
Asia Pacific region. 29p.
334 Pointon, John & Hooper, Vince. The impact of obsolescence
risk on the after-tax value of a project. 20p.
335 Rogers, Mark & Dowrick, Steve. Convergence and technology
in the Solow-Swan growth model: an empirical analysis. 34p.
337 Apps, Patricia F. & Rees, Ray. On the taxation of trade
within and between households. 25p.
341 Jack, William. Controlling risk selection incentives when
health insurance contracts are endogenous. 29p.
340 Jack, William. Equilibrium in competitive insurance markets
with ex ante adverse selection and ex post moral hazard.
36p.
336 Jack, William. Managing competition in the health insurance
market. 36p.
339 Pitchford, Rohan. Judgement proofness (for New Palgrave
Dictionary of Law & Economics). 9p.
338 Pitchford, Rohan. Moral hazard and limited liability: the
real effects of contract bargaining. 9p.
344 Crossley, Thomas F. Firms and wages: evidence from
displaced workers. 34p.
346 Crossley, Thomas F. What can we learn from displaced worker
data about the returns to tenure?. 36p.
345 Hahm, Joon-Ho & Steigerwald, Douglas G. Consumption
adjustment under changing income uncertainty. 27p.
343 King, Stephen & Pitchford, Rohan. Private or public?: a
taxonomy of optimal ownership and management regimes. 35p.
342 Pitchford, Rohan. A simple theory of deregulation. 22p.
BANCO DE ESPANA. Servicio de Estudios.
9725 Alberola, Enrique, Marques, Jose Manuel & Sanchia, Alicia.
Unemployment persistence, central bank independence and
inflation performance in the OECD countries. 35p.
9726 Alonso, Francisco, Ayuso, Juan & Pages, Jorge Martinez. How
informative are financial asset prices in Spain?. 53p.
9727 Andres, Javier, Mestre, Ricardo & Valles, Javier. Monetary
policy and exchange rate dynamics in the Spanish economy.
36p.
9728 Dolado, Juan J., Gonzalez-Paramo, Jose M. & Vinals, Jose. A
cost-benefit analysis of going from low inflation to price
stability in Spain. 61p.
9806 Andres, Javier, Hernando, Ignacio & Lopez-Salido, J. David.
Disinflation, output and unemployment: the case of Spain.
45p.
9807 Bover, Olympia, Garcia-Perea, Pilar & Portugal, Pedro. A
comparative study of the Portuguese and Spanish labour
markets. 58p.
9808 Gomez, Victor & Maravall, Agustin. Automatic modeling
methods for univariate series. 50p.
9805 Gomez, Victor & Maravall, Agustin. Guide for using the
programs TRAMO and SEATS (beta version: December 1997).
44p.
PAGE 5
9809 Gomez, Victor & Maravall, Agustin. Seasonal adjustment and
signal extraction in economic time series. 61p.
9804 Kim, Soyoung. Monetary policy rules and business cycles.
51p.
9811 Kim, Soyoung. Identifying European monetary policy
interactions: French and Spanish system with German
variables. 41p.
9814 Ayuso, Juan, Kaminsky, Graciela L. & Lopez-Salido, David. A
switching-regime model for the Spanish inflation: 1962-1997.
27p.
9817 Cabrero, Alberto, et al. The controllability of a monetary
aggregate in EMU. 38p.
9813 Vinals, Jose. The retreat of inflation and the making of
monetary policy: where do we stand?. 36p.
9823 Alberola-Ila, Enrique & Tyrvainen, Timo. Is there scope for
inflation differentials in EMU?: an empirical evaluation of
the Balassa-Samuelson model.... 58p.
9816 Manzano, Maria Cruz & Sanchez, Isabel. Indicators of
short-term interest rate expectations: the information
contained in the options market. 50p.
9821 Ortega, Eva. Assessing the fit of simulated multivariate
dynamic models. 49p.
9820 Ortega, Eva. Comparing evaluation methodologies for
stochastic dynamic general equilibrium models. 50p.
9819 Ortega, Eva. The Spanish business cycle and its
relationship to Europe. 69p.
BANK OF JAPAN. Institute for Monetary & Economic Studies.
98-2 Auerbach, Alan J., Kotlikoff, Laurence J. & Leibfritz,
Willi. Generational accounting around the world. 54p.
98-1 Takayama, Noriyuki, Kitamura, Yukinobu & Yoshida, Hiroshi.
Generational accounting in Japan. 28p.
98-4 Kobayakawa, Shuji. Designing incentive compatible
regulation in banking: role of penalty in the precommitment
approach. 18p.
98-3 Yonetani, Tatsuya & Katsuo(asami), Yuko. Fair value
accounting and regulatory capital requirements. 19p.
98-5 Higo, Masahiro & Nakada, Sachiko Kuroda. How can we extract
a fundamental trend from an economic time series?. 67p.
98-6 Doksum, Kjell, Miura, Ryozo & Yamauchi, Hiroaki. On
financial time series decompositions with applications to
volatility. 58p.
98-7 Inoue, Tetsuya. Impact of information technology and
implications for monetary policy. 45p.
98-8 Nakamura, Hisashi & Shiratsuka, Shigenori. Extracting
market expectations from option prices: case studies in
Japanese option markets. 57p.
98-9 Ieda, Akira & Ohba, Toshikazu. Risk management for equity
portfolios of Japanese banks. 32p.
9811 Oda, Nobuyuki. Estimating fair premium rates for deposit
insurance using option pricing theory: an empirical study of
Japanese ban. 43p.
9810 Ohtake, Fuminobu, Oda, Nobuyuki & Yoshiba, Toshinao. Market
price analysis and risk management for convertible bonds.
47p.
PAGE 6
9813 Saito, Tsutomu, Takahashi, Teruhiko & Nishikawa, Yuichi.
Chemical study of the medieval Japanese Mochusen (bronze
coins). 71p.
9812 Saito, Makoto. Dynamic allocation and pricing in incomplete
markets: a survey. 48p.
UNIVERSIDAD AUTONOMA DE BARCELONA. Dept. de Economia et de Emet.
400 Bolton, Gary E., Brandts, Jordi & Ockenfels, Axel.
Measuring motivations for the reciprocal responses observed
in a simple dilemma game. 19p.
401 de la Fuente, Angel. Fiscal policy and growth in the OECD.
124p.
397 Fehr, Hans & Polo, Clemente. Viable integrated value-added
tax (VIVAT): a definitive VAT system for Europe?. 20p.
387 Garcia-Cestona, Miguel A. & Tribo, Josep. A main bank
approach to optimal financial contracting. 37p.
392 Kovalenkov, Alexander & Wooders, Myrna Holtz. Epsilon cores
of games and economies with limited side payments. 29p.
393 Kovalenkov, Alexander & Wooders, Myrna Holtz. An explicit
bound on epsilon for non-emptiness of the epsilon core of an
arbitrary game with side payments. 17p.
394 Kovalenkov, Alexander & Wooders, Myrna Holtz. An explicit
bound on epsilon for non-emptiness of the epsilon-core of an
arbitrary game without side payments. 28p.
390 Kovalenkov, Alexander & Wooders, Myrna Holtz. Three
theorems on non-emptiness of approximate cores, part I: game
theoretic results. 32p.
391 Kovalenkov, Alexander & Wooders, Myrna Holtz. Three
theorems on non-emptiness of approximate cores, part 2:
economies with clubs. 13p.
380 Marmol, Francesc & Reboredo, Juan C. Detecting unbalanced
regressions using the Durbin-Watson test. 39p.
379 Marmol, Francesc & Reboredo, Juan C. On the finite sample
behavior of the Durbin-Watson test in the presence of
nonsense regressions. 21p.
399 Martinez-Giralt, Xavier & Usategui, Jose M. Iceberg
transport costs, I: monopoly. 18p.
395 Miravete, Eugenio J. Time-consistent protection with
learning by doing. 24p.
389 Petith, Howard. Meek, Dickinson and Marx's falling rate of
profit. 15p.
384 Reboredo, Juan Carlos. Efficiency, solvency, and the size
of banking firms. 36p.
381 Reboredo, Juan C. Managerial reputation and bad
acquisitions: a note. 10p.
383 Reboredo, Juan Carlos. A Markov model for risk evaluation
in banking. 41p.
398 Rocher, Francesc & Vila, Xavier. A note on agent based
imperfect competition. 16p.
386 Tribo, Josep. Long-term and short-term labor contracts
versus long-term and short-term financial contracts. 33p.
388 Tribo, Josep. Market structure, financial structure and
inventories. 34p.
PAGE 7
404 Brandts, Jordi & Figueras, Neus. An exploration of
reputation formation in experimental games. 45p.
403 Gonzalez-Maestre, Miguel. Divisionalization and delegation
in oligopoly. 14p.
402 Olivella, Pau & Pastor, Maite. Cost reducing strategies.
38p.
405 Quesada Arana, Antonio. Manipulability, unanimity,
anonymity and assessment aggregation. 19p.
406 Ramos Parreno, Jose Maria. Labour adjustment costs in a
"right to manage" model. 23p.
407 de la Fuente, Angel. Convergence equations and income
dynamics: the sources of OECD convergence, 1970-1995. 18p.
410 Petith, Howard. Capital accumulation, the organic
composition of capital, the rate of profit and the rate of
exploitation in a prov. 36p.
409 Sanchez Losada, Fernando. On education, debt and growth.
11p.
408 Sanchez Losada, Fernando. On the relationship between
education and growth. 20p.
414 Adsera, Alicia & Boix, Carles. Must we choose:? European
unemployment, American inequality and the impact of
education & labor market institutions. 42p.
413 Adsera, Alicia. Sectoral spillovers and the price of land:
a cost analysis. 31p.
412 Jelovac, Izabela & Macho-Stadler, Ines. Comparing
organizational structures in health services. 30p.
411 Montuenga-Gomez, Victor Manuel. Price convergence during
the EC lifetime. 23p.
416 Davila, Julio. Overlapping generations economies and
symmetrical economies under extrinsic uncertainty. 10p.
415 Davila, Julio. Time reversibility and extrinsic uncertainty
in overlapping generations economies. 15p.
417 De Fraja, Gianni. Training, minimum wage, and employment: a
simple dynamic analysis. 24p.
396 Gonzalez-Maestre, Miguel & Granero, Luis M. Industrial
loans and market structure. 20p.
419 de la Fuente, Angel. What kind of regional convergence?.
33p.
418 Nicolo, Antonio. Nash implementation in truthful
strategies, strategy-proofness and efficiency on the
restricted domain of Leontief . 26p.
421 Perez-Castrillo, David & Sotomayor, Marilda. A simple
selling and buying procedure. 23p.
420 Petith, Howard. A formalization of Elster's version of the
Marxian revolution, viewed as a contingent event. 15p.
241 Alvarez, Jose Maria da Rocha & Martinez Giralt, Xavier.
Country size and international trade. 15p.
276 Antolin, Pablo. Labour mobility, unemployment flows,
vacancies, and job search behaviour in the Spanish labour
market. 37p.
368 Chamorro, J.M. & Martinez Giralt, Xavier.
Telecommunications and urban spatial structure. 22p.
273 Creel, M. & Loomis, J. Semi-nonparametric distribution-free
dichotomous choice contingent valuation. 37p.
PAGE 8
275 Ghosh, Parikshit & Ray, Debraj. Cooperation in a community
interaction without information flows. 34p.
359 Granero, Luis M. Term structure of loan commitments in
oligopoly. 25p.
264 Kaneko, Mamoru & Wooders, Myrna H. The nonemptiness of the
F-core of a game without side payments. 19p.
244 Mancera Romero, Francisco M. Capital controls in a context
of tax competition. 19p.
UNIV. DE BARCELONA. Div. de Ciencies Juridiques, Econ i Socials.
18 Bailen, Jose M. & Gil, Joan. Transitional effects of a
pension system change in Spain. 49p.
17 Conesa, Juan Carlos, Diaz Moreno, Carlos & Galdon-Sanchez,
Jose Enrique. Underground economy and aggregate
fluctuations. 25p.
21 Borrell, Joan-Ramon. Price of medicines: a case study on
the impact of the rate-of-return regulation in the United
Kingdom. 30p.
19 Moreno, Rosina, et al. Evidence on the complex link between
infrastructure and regional growth. 42p.
25 Carrion i Silvestre, Josep L., Sanso i Rossello, Andreu &
Ortuno, Manual Artis. Response surfaces for the
Dickey-Fuller unit root test with structural breaks. 20p.
26 Esteller-More, Alejandro. A model of regional equalisation
transfers under asymmetric information w/ reference to the
Spanish financing syste. 27p.
23 Sanroma, Esteban & Ramos, Raul. Interprovincial wage
differences in Spain: a microdata analysis. 34p.
24 Valdero, Emili. An application of a time series inequality
to the detection of non-invertible moving average processes.
16p.
30 Berenguer, Eduard, Bonn, Holger & Raffelhuschen, Bernd.
Generational accounting in Spain: has public sector grown
too much?. 31p.
BEN GURION UNIVERSITY. Monaster Center for Economic Research.
98-1 Shalit, Haim & Yitzhaki, Shlomo. Estimating beta. 28p.
98-4 Einy, Ezra & Shitovitz, Benyamin. Equivalence of value and
competitive allocations in large exchange economies with
differential information. 39p.
9802 Perez-Castrillo, David & Wettstein, David. Implementation
of bargaining sets via simple mechanisms. 19p.
98-3 Ruffle, Bradley & Tykocinski, Orit. Unwrapping the
deadweight loss of gift giving. 24p.
BOSTON UNIVERSITY. Dept. of Economics-Industry Studies Program.
84 Ma, Ching-to Albert. Cost and quality incentives in health
care: altruistic providers. 22p.
85 Machado, Matilde Pinto. Dollars and performance: cost
effectiveness of substance abuse treatment in Maine. 58p.
86 Rodriguez-Planas, Nuria. Playing hard to get: theory and
evidence on layoffs, recalls and unemployment. 50p.
PAGE 9
87 Weiss, Andrew. The fair tax: a tax proposal to smooth
business cycles, encourage investment and remove biases
against small firms. 22p.
88 Yu, Wei, Ellis, Randall P. & Ash, Arlene. Using the
diagnostic cost group model to measure risk selection in the
Massa- chusetts state employee health insura. 22p.
91 Berman, Eli & Bui, Linda T.M. Environmental regulation and
productivity: evidence from oil refineries. 35p.
89 Brundin, Ingela & Ma, Ching-to Albert. Moral hazard,
insurance, and some collusion. 32p.
90 Miron, Jeffrey A. Violence and the U.S. prohibition of
drugs and alcohol. 39p.
BROWN UNIVERSITY. Department of Economics.
9721 Andrews, Donald W.K. & Buchinksy, Moshe. On the number of
bootstrap repetitions for bootstrap standard errors,
confidence intervals, and tests. 51p.
9729 Arreaza, Adriana, Sorensen, Bent E. & Yosha, Oved.
Consumption smoothing through fiscal policy in OECD and EC
countries. 34p.
97-4 Ben-Ner, Avner & Putterman, Louis. Values and institutions
in economic analysis: an introduction. 61p.
98-1 Black, Duncan & Henderson, Vernon. Urban growth. 44p.
9723 Buchinsky, Moshe & Yosha, Oved. Endogenous probability of
failure for a financial intermediary: a dynamic model. 53p.
97-7 Cho, In-Koo. Learning to coordinate in repeated games.
37p.
97-2 Dagan, Nir & Serrano, Roberto. Invariance and randomness in
the Nash program for coalitional games. 10p.
97-8 Feldman, Allan M. Kaldor-Hicks compensation. 17p.
9726 Grossman, Herschel I. "Make us a king:" anarchy, predation,
and the state. 21p.
97-5 Grossman, Herschel I. Wherefore a prudent fiscal policy?.
13p.
9730 Grossman, Herschel I & Kim, Minseong. Human capital and
predation: a positive theory of educational policy. 25p.
97-3 Grossman, Herschel I. & Kim, Minseong. Predation and moral
decay. 33p.
9727 Grossman, Herschel I. & Kim, Minseong. Predation,
efficiency, and inequality. 17p.
97-6 Grossman, Herschel I & Han, Taejoon. Sovereign debt and
consumption smoothing. 10p.
9716 Kambhampati, Uma, Krishna, Pravin & Mitra, Devashish. The
effect of trade policy reforms on labor markets: evidence
from India. 21p.
9719 Krishna, Pravin. Are regional trading blocs "natural"?.
26p.
9717 Krishna, Pravin & Panagariya, Arvind. A unification of the
theory of second best. 34p.
9732 Lancaster, Tony. Orthogonal parameters and panel data.
39p.
9715 Lee, Darin & Volij, Oscar. The core of economies with
asymmetric information: an axiomatic approach. 28p.
PAGE 10
9731 McKelvey, Richard D. & Page, Talbot. An experimental study
of the effect of private information in the Coase Theorem.
25p.
9720 Malliaris, A.G. & Stein, Jerome L. Methodological issues in
asset pricing: random walk or chaotic dynamics?. 30p.
98-1 Ostergaard, Charlotte, Sorensen, Bent E. & Yosha, Oved.
Permanent income, consumption, and aggregate constraints:
evidence from U.S. states. 48p.
9725 Panagariya, Arvind & Krishna, Pravin. On the existence of
necessarily welfare-enhancing free trade areas. 17p.
97-9 Serrano, Roberto & Volij, Oscar. Abstract equilibria,
interactive choice sets and Walrasian allocations. 26p.
9718 Serrano, Roberto & Shimorura, Ken-Ichi. Beyond Nash
bargaining theory: the Nash set. 23p.
9714 Sorensen, Bent & Yosha, Oved. Federal insurance of U.S.
states: an empirical investigation. 18p.
9728 Stein, Jerome L. European union: convergence, balanced
growth and the steady state. 27p.
9724 Volij, Oscar. Communication, credible improvements and the
core of an economy with asymmetric information. 20p.
9712 Andersen, Torben G., Chung, Hyung-Jin & Sorensen, Bent E.
Efficienct method of moments estimation of a stochastic
volatility model: a Monte Carlo study. 32p.
9713 Buchinsky, Moshe & Leslie, Phillip. Educational attainment
and the changing U.S. wage structure: some dynamic
implications. 61p.
9710 Dagan, Nir, Serrano, Roberto & Volij, Oscar. Remarks on
McLennan & Sonnenschein "Sequential bargaining as a
non-cooperative foundation for Walrasian equilibrium. 4p.
9722 Feldman, Allan M. Probabilistic value of life vs.
deterministic value of time. 21p.
9711 Vohra, Rajiv. Incomplete information, incentive
compatibility and the core. 27p.
STATE UNIVERSITY OF NEW YORK AT BUFFALO. Department of Economics.
9801 Courty, Pascal & Marschke, Gerald. An empirical
investigation of gaming responses to performance incentives.
45p.
9802 Holmes, James M. & Hutton, Patricia A. Individual
rationality and market failure: a defense of Keynesian
disequilibrium economics. 43p.
9804 Bhattacharya, Joydeep & Haslag, Joseph. Raising revenue: a
monetary policymaker's guide. 25p.
9803 Harwitz, Mitchell, et al. Optimal search on spatial paths
with recall: computational procedures and examples. 36p.
UNIVERSITY OF CALIFORNIA-BERKELEY. Department of Economics.
258 Mortimer, Rika Onishi. Demand for prescription drugs: the
effects of managed care pharmacy benefits. 57p.
259 Segal, Ilya. Contracting with externalities. 77p.
260 Hall, Bronwyn H., et al. Does cash flow cause investment
and R & D?: an exploration using panel data for French,
Japanese & U.S. scientific . 37p.
PAGE 11
261 Hall, Browyn H., Mairesse, Jacques & Mulkay, Benoit. Firm
level investment in France and the United States: an
axploration of what we have learned in twenty years. 46p.
UNIV. OF CALIFORNIA-BERKELEY. Ctr. for Int'l. & Devel. Econ. Res.
95 Jeanne, Olivier & Masson, Paul. Was the French Franc crisis
a sunspot equilibrium?. 37p.
96 Obstfeld, Maurice & Peri, Giovanni. Regional nonadjustment
and fiscal policy: lessons for EMU. 73p.
99 Obstfeld, Maurice. Foreign resource inflows, saving, and
growth. 63p.
98 Obstfeld, Maurice. The global capital market: benefactor or
menace?. 36p.
100 Kletzer, Kenneth M. & Wright, Brian D. Sovereign debt as
intertemporal barter. 32p.
101 Obstfeld, Maurice. EMU: ready or not?. 42p.
97 Bardhan, Pranab, Bowles, Samuel & Gintis, Herbert. Wealth
inequality, wealth constraints and economic performance.
72p.
102 Eichengreen, Barry. International economic policy in the
wake of the Asian crisis. 41p.
103 Eichengreen, Barry. Does MERCOSUR need a single currency?.
47p.
UNIVERSITY OF CALIFORNIA-SAN DIEGO. Department of Economics.
9722 Betts, Julian R. Do grading standards affect the incentive
to learn?. 44p.
9732 Betts, Julian R. The two-legged stool: the neglected role
of educational standards in improving America's public
schools. 36p.
9730 Burns, Patrick, Engle, Robert & Mezrich, Joseph.
Correlations and volatilities of asynchronous data. 17p.
9736 Cox, James C., Shachat, Jason & Walker, Mark. An experiment
to evaluate Bayesian learning of Nash equilibrium. 26p.
9719 Crawford, Vincent. Learning dynamics, lock-in, and
equilibrium selection in experimental coordination games.
35p.
9723 Den Haan, Wouter J., Ramey, Garey & Watson, Joel. Job
destruction and propagation of shocks. 55p.
9721 Gaviria, Alejandro & Raphael, Steven. School-based peer
effects and juvenile behavior. 27p.
9724 Granger, Clive W.J. & Jeon, Yongil. Measuring lag structure
in forecasting models: the introduction of time distance.
46p.
9729 Granger, Clive W.J. & Marmol, Francesc. The correlogram of
a long memory process plus a simple noise. 19p.
9727 Hamilton, James D. The supply and demand for federal
reserve deposits. 58p.
9728 Hamilton, James D. & Monteagudo, Josefina. The augmented
Solow model and the productivity slowdown. 24p.
9735 Hoffman, Elizabeth, Libecap, Gary & Shachat, Jason M. An
experimental investigation of the incentives to form
agricultural marketing pools. 43p.
PAGE 12
9726 Ramey, Garey & Watson, Joel. Contractual intermediaries.
44p.
9720 Rosenberg, Joshua V. & Engle, Robert F. Option hedging
using empirical pricing kernels. 34p.
9733 Shachat, Jason & Walker, Mark. Unobserved heterogeneity and
equilibrium: an experimental study of Bayesian and adaptive
learning in normal form ga. 68p.
9716 Shimoji, Makoto & Watson, Joel. Conditional dominance,
rationalizability, and game forms. 32p.
9718 Sobel, Joel. A model of declining standards. 14p.
9715 Sobel, Joel. On the dynamics of standards. 47p.
9725 Sobel, Joel. A re-examination of yardstick competition.
18p.
9731 Sullivan, Ryan, Timmermann, Allan & White, Halbert.
Data-snooping, technical rule performance, and the
bootstrap. 49p.
9717 Watson, Joel. Starting small and renegotiation. 39p.
9734 Wooders, John & Shachat, Jason M. On the irrelevance of
risk attitudes in repeated two-outcome games. 16p.
9815 Bansak, Cynthia & Raphael, Steven. Have employment
relationships in the United States become less stable?.
33p.
9804 Betts, Julian R. Educational crowding-out: do immigrants
affect the educational attainment of American minorities?.
44p.
9812 Deb, Partha, Ming, Xing & Trivedi, Pravin K. Moment-based
estimation of latent class models of event counts. 31p.
9808 Ejarque, Joao. Investment irreversibility and precautionary
savings in general equilibrium. 37p.
9806 Elliott, Graham & Ito, Takatoshi. Heterogeneous
expectations and tests of efficiency in the Yen/dollar
exchange rate market. 32p.
9803 Engle, Robert F. & Smith, Aaron D. Stochastic permanent
breaks. 63p.
9807 Engle, Robert F & Lunde, Asger. Trades and quotes: a
bivariate point process. 26p.
9802 Flavin, Marjorie & Yamashita, Takashi. Owner-occupied
housing and the composition of the household portfolio over
the life cycle. 42p.
9814 Gaviria, Alejandro. Increasing returns and the evolution of
violent crime: the case of Colombia. 38p.
9813 Gaviria, Alejandro. Intergenerational mobility, siblings'
inequality and borrowing constraints. 31p.
9801 Granger, Clive W.J. Extracting information from mega-panels
and high-frequency data. 24p.
9809 Granger, Clive W.J., Huang, Bwo-Nung & Yang, Chin Wei. A
bivariate causality between stock prices and exchange rates:
evidence from recent Asia flu. 21p.
9811 Lunde, Asger, Timmermann, Allan & Blake, David. The hazards
of mutual fund underperformance: a Cox regression analysis.
37p.
9805 Raphael, Steven, Stoll, Michael A. & Holzer, Harry J. Are
suburban firms more likely to discriminate against
African-Americans?. 38p.
PAGE 13
9810 Russell, Jeffrey R. & Engle, Robert F. Econometric analysis
of discrete-valued irregularly spaced financial transactions
data using a new autoregressive c. 31p.
9816 Sullivan, Ryan, Timmermann, Allan & White, Halbert. Dangers
of data-driven inference: the case of calendar effects in
stock returns. 53p.
UNIVERSITY OF CALIFORNIA-SANTA BARBARA. Department of Economics.
3/98 Bohn, Henning. Risk sharing in a stochastic overlapping
generations economy. 44p.
4/98 Bohn, Henning. Should the social security trust fund hold
equities?: an intergenerational welfare analysis. 45p.
5/98 Bohn, Henning. Will social security and Medicare remain
viable as the U.S. population is aging?. 65p.
14/97 Danger, Kenneth L. & Frech, H.E. Exclusive contracts
between hospitals and physicians. 8p.
2/98 Ponti, Giovanni & Seymour, Robert M. Evolutionary stability
of inequality structures. 35p.
1/98 Yang, Der-Yuan. The origin of the Bank of England: a
credible commitment to sovereign debt. 10p.
6/98 Cabrales, Antonio & Ponti, Giovanni. Implementation,
elimination of weakly dominated strategies and evolutionary
dynamics. 34p.
11/98 Frech, H.E. Reform of fee-for-service Medicare: the
forgotten opportunity. 27p.
7/98 Garratt, Rod & Qin, Cheng-Zhong. On market games when
agents cannot be two places at once. 21p.
8/98 Pippenger, John. Modeling foreign exchange markets: stock
versus flow. 55p.
9/98 Shapiro, Perry & Petchey, Jeffrey. The coincidence of
collective and individual interests. 8p.
10/98 Shapiro, Perry & Petchey, Jeffrey. Policy harmonization in
integrated common factor markets. 36p.
14/98 Frech, H.E. & Mobley, Lee Rivers. Efficiency, growth and
concentration: an empirical analysis of hospital markets.
38p.
15/98 Funkhouser, Edward. Individual effects and estimation of
the motives to remit from international migration. 32p.
12/98 Hamermesh, Daniel S. & Trejo, Stephen J. The demand for
hours of labor: direct evidence from California. 26p.
13/98 Mobley, Lee Rivers & Frech, H.E. Managed care, distance
traveled, and hospital market definition. 37p.
16/98 Trejo, Stephen J. Intergenerational progress of
Mexican-origin workers in the U.S. labor market. 34p.
21/98 Constanides, George M., Donaldson, John B. & Mehra, Rajnish.
Junior can't borrow: a new perspective on the equity
premium puzzle. 34p.
25/98 Cottica, Alberto, De Propris, Lisa & Ponti, Giovanni.
Friends do matter: strategic uncertainty and vertical
contractual relations. 20p.
19/98 Kolstad, Charles D. Energy and deletable resources:
economics and policy, 1973-98. 31p.
22/98 Mehra, Rajnish & Sah, Raaj. Can small fluctuations in
investors' subjective preferences induce large volatility in
equity prices?. 27p.
PAGE 14
23/98 Mitchell, Glenn & Hunter, Gregory W. Options for compliance
with pollution control regulation: the relationship between
abatement costs and bankable per. 23p.
24/98 Moon, Hyungsik R. A note on fully-modified estimation of
seemingly unrelated regressions models with integrated
regressors. 7p.
18/98 Phillips, Peter C.B. & Moon, Hyungsik R. Linear regression
limit theory for nonstationary panel data. 54p.
17/98 Phillips, Peter C.B. & Moon, Hyungsik R. Nonstationary
panel data analysis: an overview of some recent
developments. 22p.
20/98 Ponti, Giovanni. Splitting the baby in two: how to solve
Solomon's Dilemma when agents are boundedly rational. 26p.
UNIVERSITY OF CAMBRIDGE. Department of Applied Economics.
9805 Binder, Michael & Pesaran, Hashem. Optimal consumption
decisions under social interactions. 28p.
9733 Chatterjee, Kalyan & Sabourian, Hamid. Multiperson
bargaining and strategic complexity. 34p.
9732 Cook, Steven. A neglected controversy in the modelling of
consumers' expenditure. 17p.
9804 Hsiao, Cheng, Pesaran, Hashem & Tahmiscioglu, A. Kamil.
Bayes estimation of short-term coefficients in dynamic panel
data models. 38p.
9806 Hwang, Soosung & Satchell, Stephen E. Modelling emerging
market risk premia using higher moments. 36p.
9801 McNay, Kirsty, Humphries, Jane & Klasen, Stephan. Death and
gender in Victorian England and Wales: comparisons with
contemporary developing countries. 30p.
9731 Mason, Robin. Dividends, safety and liquidation when
liabilities are long-term and stochastic. 33p.
9734 Newberry, David M. Pool reform and competition in
electricity. 34p.
9735 Pedersen, Christian S. & Satchell, Steve E. Risk, utility
and switching between gambles. 37p.
9802 Pesaran, M. Hashem & Zhao, Zhongyun. Bias reduction in
estimating long-run relationships from dynamic heterogeneous
panels. 32p.
9803 van Garderen, Kees Jan, Lee, Kevin & Pesaran, Hashem.
Cross-sectional aggregation of non-linear models. 42p.
9808 Binder, Michael, Pesaran, M. Hashem & Samiei, S. Hossein.
Analytical and numerical solution of finite-horizon
nonlinear rational expectations models. 34p.
9810 Cardarelli, Roberto & Vidal, Jean-Pierre. Financial
integration and monetary competition. 38p.
9807 Kuo, George W. & Satchell, S.E. Global equity styles and
industry effects: portfolio construction via dummy
variables. 22p.
9809 Michel, Philippe & Vidal, Jean-Pierre. Economic integration
and growth under intergenerational financing of human
capital formation. 18p.
9815 Atkinson, A.B. & Sutherland, H. Microsimulation and policy
debate: a case study of the minimum pension guarantee in
Britain. 16p.
PAGE 15
9812 Garratt, Anthony, et al. A long-run structural
macroeconometric model of the U.K. 40p.
9811 Pesaran, M. Hashem & Smith, Ron P. Structural analysis of
cointegrating VARs. 33p.
9814 Solomou, Solomos & Catao, Luis. Effective exchange rates,
1879-1913. 24p.
9813 Solomou, Solomos & Wu, Weike. Weather impacts of the
construction sector, 1855-1913. 22p.
9816 Gastaldi, Francesca & Liberati, Paolo. Towards a two-rate
VAT in Italy: distributional and welfare effects. 42p.
9817 O'Donoghue, Cathal & Evans, Martin. Recasting safety nets:
reforming social assistance in Germany, Ireland and the
United Kingdom. 30p.
9819 Pedersen, C.S. & Satchell, S.E. Utility functions with
parameters depending on initial wealth. 17p.
9818 Pesaran, M. Hashem. Economic trends and macroeconomic
policies in post-revolutionary Iran. 36p.
BANK OF CANADA. Technical Reports.
80 Clinton, Kevin & Zelmer, Mark. Constraints on the conduct
of Canadian monetary policy in the 1990s: dealing with
uncertainty in financial markets. 55p.
81 Freedman, Charles. The Canadian banking system. 38p.
82 Freedman, Charles & Goodlet, Clyde. The financial services
sector: past changes and future prospects. 41p.
83 O'Reilly, Brian. The benefits of low inflation: taking
stock. 74p.
UNIVERSITY OF CANTERBURY. Department of Economics.
9801 Gunby, Philip. Demon or saviour?: an assessment of the ISO
9000 quality assurance standards. 56p.
9802 Guthrie, Graeme & Wright, Julian. Market-implemented
monetary policy with open mouth operations. 34p.
9803 MacKinnon, James G., Haug, Alfred A. & Michelis, Leo.
Numerical distribution functions of likelihood ratio tests
for cointegration. 16p.
9805 Froyen, Richard T. & Guender, Alfred V. Alternative
monetary policy rules for small open economies. 39p.
9804 Gregory, Allan W. & Haug, Alfred A. Conflicts among tests
for cointegration. 8p.
9807 Barmby, Tim, Nolan, Michael & Winkelmann, Rainer.
Contracted workdays and absence. 8p.
9812 Ericsson, Neil R. & Marquez, Jaime. A framework for
economic forecasting. 48p.
9813 Mark, Nelson C. & Sul, Donggyu. Nominal exchange rates and
monetary fundamentals: evidence from a seventeen country
panel. 26p.
9806 Winkelmann, Liliana & Winkelmann, Rainer. The labour market
outcomes of New Zealand's old and new immigrants. 39p.
9810 Winkelmann, Rainer. The economic benefits of schooling in
New Zealand: comment and update. 8p.
9809 Winkelmann, Rainer. The labor market performance of
European immigrants in New Zealand in the 1980s and 1990s.
33p.
PAGE 16
9811 Winkelmann, Rainer. Random effects models for panel count
data. 19p.
9808 Winkelmann, Rainer & Zimmermann, Klaus F. Is job stability
declining in Germany?: evidence from count data models.
18p.
9814 Chib, Siddhartha & Winkelmann, Rainer. Bayesian analysis of
multivariate count data. 18p.
9815 Guthrie, Graeme A. Monetary conditions indices and the term
structure of interest rates. 23p.
9817 Papps, Kerry & Winkelmann, Rainer. Unemployment and crime:
new answers to an old question. 24p.
9816 Winkelmann, Rainer. The economic progress of Maori men
1986-1996. 18p.
CENTRE D'ETUDES PROS. D'ECON MATH APPLIQUEES A LA PLANIFICATION.
9711 Adda, Jerome & Cooper, Russell. Balludurette and Juppette:
a discrete analysis of scrapping subsidies. 48p.
9720 Aghion, Philippe, Banerjee, Abhijit & Piketty, Thomas.
Dualism and macroeconomic volatility. 46p.
9707 Askenazy, Philippe & Van, Cuong Le. A model of optimal
growth strategy. 36p.
9709 Beaudry, Paul & Blackorby, Charles. Taxes and employment
subsidies in an optimal redistribution program. 35p.
9713 Boyer, Robert. En quoi et pourquoi les theories
macro-economiques contemporaines sont-elles nouvelles?.
28p.
9719 Caroli, Eve, Greenan, Nathalie & Guellec, Dominique.
Organisational change and human capital accumulation. 28p.
9706 Clement, E., Gourieroux, C. & Monfort, A. Econometric
specification of the risk neutral valuation model. 37p.
9704 Cohen, Daniel. How will the Euro behave?. 27p.
9715 Cohen, Daniel. Growth and external debt: a new perspective
on the African and Latin American tragedies. 33p.
9705 Cohen, Daniel & Saint-Paul, Gilles. French unemployment: a
transatlantic perspective. 27p.
9717 Collard, Fabrice, Feve, Patrick & Perraudin, Corinne.
Variable labor adjustment costs and aggregate nonlinear
dynamics: simulation based estimation and testing with U.S..
32p.
9721 Deghdak, Messaoud & Florenzano, Monique. Decentralizing
Edgeworth equilibria in economies with many commodities.
15p.
9702 Dumenil, Gerard & Levy, Dominique. Being Keynesian in the
short term and classical in the long term: the traverse to
classical long term equilibrium. 34p.
9710 Duran, Jorge. On dynamic programming with unbounded
returns. 20p.
9716 Gourieroux, C., Tiomo, A. & Trognon, A. Composition des
portefeuilles des manages: une analyse scores sur donnees
Francaises. 53p.
9714 Gourieroux, Christian & Le Fol, Gaelle. Modes de
negociation et caracteristiques de marche. 38p.
9718 Hurlin, Christophe & Portier, Franck. Taux d'actualisation
public, distorsions fiscales et croissance: Modelisation et
application l'econ. francaise. 35p.
PAGE 17
9712 Laffargue, Jean-Pierre & Saint-Martin, Anne. Biais de
progres technique, imperfections de marche et inegalites en
France, de 1974 a 1993. 34p.
9701 Lambert-Mogiliansky, Ariane. Regulatory blackmail in
procurement relationships. 31p.
9703 Laskar, Daniel. Union monetaire a deux vitesses: asymetrie
du systeme de change entre pays membres et non membres.
38p.
9708 Piketty, Thomas. L'elasticite de la transition non-emploi -
emploi: une estimation pour le cas francais. 36p.
9806 Adda, Jerome & Eaton, Jonathan. Borrowing with unobserved
liquidity constraints: structural estimation with an
application to sovereign debt. 37p.
9802 Adda, Jerome & Robin, Jean-Marc. Estimation from
cross-sections of integrated time series. 13p.
9808 Amable, Bruno & Palombarini, Stefano. Technical change and
incorporated R & D in the service sector. 28p.
9722 Benassy, Jean-Pascal. On the optimality of activist
policies with a less informed government. 14p.
9804 Boyer, Robert. Evolution des modeles productifs et
hybridation: geographie, histoire et theorie. 62p.
9805 Boyer, Robert. Heurs et malheure de l'industrie Francaise:
1945-1995: essor et crise d'une variante etatique du modele
fordiste. 34p.
9807 Caroli, Eve. Formation et regimes de croissance dans cinq
economies de l'OCDE. 37p.
9803 Llinares, Juan Vicente. Abstract convexity, some relations
and applications. 22p.
9801 Llinares, Juan Vicente. Existence of equilibrium in
generalized games with non-convex strategy spaces. 15p.
9811 Amable, Bruno, Chatelain, Jean-Bernard & de Bandt, Olivier.
Stability versus efficiency on the banking sector and
economic growth. 21p.
9815 Feve, Patrick & Henin, Pierre-Yves. Assessing effective
sustainability of fiscal policy within the G-7. 32p.
9810 Feve, Patrick, Henin, Pierre-Yves & Jolivaldt, Philippe.
Feedback covariates unit root tests: an application to the
sustainability of fiscal policy. 36p.
9809 Peaucelle, Irina. Firms' innovation activity and patenting:
Russian case in mind. 26p.
9812 Piketty, Thomas. Les hauts revenus face aux modifications
des taux marginaux superieurs de l'impot sur le revenu en
France, 1970-199. 176p.
COLUMBIA UNIVERSITY. Grad. School of Business-Paine Webber Series.
9711 Amir, Eli & Benartzi, Shlomo. Accounting recognition of
additional minimum liability affects pension asset
allocation: empirical evidence. 40p.
9713 Amir, Eli, Kirschenheiter, Michael & Willard, Kristen. Firm
valuation with deferred taxes: a theoretical framework.
41p.
9712 Broadie, Mark, Glasserman, Paul & Kou, Steve. Connecting
discrete and continuous path-dependent options. 34p.
PAGE 18
9710 Heal, Geoffrey & Lin, Yun. The value of avoiding climate
change. 9p.
9714 Ohlson, James A. & Zhang, Xiao-Jun. On the theory of
forecast-horizon in equity valuation. 19p.
9715 Anderson, Ronald W., Pan, Yonghua & Sundaresan, Suresh.
Corporate bond yield spreads and the term structure. 45p.
9718 Browne, Sid. Beating a moving target: optimal portfolio
strategies for outperforming a stochastic benchmark. 21p.
9717 Browne, Sid. Stochastic differential portfolio games. 27p.
9719 Danthine, Jean-Pierre & Donaldson, John B. Non-falsified
expectations and general equilibrium asset pricing: the
power of the peso. 36p.
9716 Nyborg, Kjell G., Rydqvist, Kristian & Sundaresan, Suresh.
Bidder behavior in multiple unit auctions: evidence from
Swedish Treasury auctions. 45p.
9724 Constantinides, George M., Donaldson, John B. & Mehra,
Rajnish. Junior can't borrow: a new perspective on the
equity premium puzzle. 34p.
9722 Edwards, Franklin R. & Zhang, Xin. Mutual funds and stock
and bond market stability. 45p.
9720 Heal, Geoffrey M. The economics of increasing returns.
19p.
9721 Himmelberg, Charles P., Hubbard, R. Glenn & Palia, Darius.
Understanding the determinants of managerial ownership and
the link between ownership and performance. 47p.
9723 Ohlson, James A. Revisiting the basics of return and risk
in equilibrium. 17p.
UNIVERSITY OF COPENHAGEN. Centre for Industrial Economics.
9722 Dilling-Hansen, Mogena, et al. Firm productivity growth and
competition. 17p.
9719 Moraga-Gonzalez, Jose Luis. Quality uncertainty and
informative advertising. 28p.
9720 Poddar, Sougata & Sasaki, Dan. Advance production,
inventory, and asymmetric Cournot-Nash equilibrium. 13p.
9723 Raimondos-Moller, Pacalis & Woodland, Alan D. Tariff
strategies and small open economies. 22p.
9721 Sasaki, Dan. Strategic quality decisions by heterogeneously
informed suppliers. 24p.
9801 Martin, Stephen. Product market competition policy and
technological performance. 33p.
9802 Albaek, Svend & Schultz, Christian. On the relative
advantage of cooperatives. 8p.
9803 Albaek, Svend & Overgaard, Per B. Signalling and rent
extraction via contract proposals in franchising. 38p.
9804 Hertzendorf, Mark N. & Overgaard, Per B. Will the
high-quality producer please stand up?: a model of duopoly
signaling. 48p.
9805 Krishna, Kala & Tranaes, Torben. Allocating multiple units
by sealed-bid auctions. 39p.
9807 Amir, Rabah. Modelling imperfectly appropriable R & D via
spillovers. 14p.
9809 Amir, Rabah & Wooders, John. Effects of one-way spillovers
on market shares, industry price, welfare, and R & D
cooperation. 30p.
PAGE 19
9806 Amir, Rabah & Lambson, Val E. On the effects of entry in
Cournot markets. 31p.
9810 Amir, Rabah & Wooders, John. One-way spillovers, endogenous
innovator/imitator roles and research joint ventures. 31p.
9817 Bennedsen, Morten. Political ownership. 34p.
9816 Bennedsen, Morten. Public versus private ownership under
costly taxation. 19p.
9808 Dierker, Egbert & Grodal, Birgit. The price normalization
problem in imperfect competition and the objective of the
firm. 31p.
9820 Dilling-Hansen, Mogens, et al. Market structure, publicly
and privately financed R & D spending: empirical evidence
for Denmark. 25p.
9818 Groes, Ebbe, et al. Testing the intrasitivity explanation
of the Allais Paradox. 17p.
9812 Hollard, Guillaume. An asymmetric model of spatial
competition. 12p.
9814 Martin, Stephen. Strategic and welfare implications of
bundling. 7p.
9813 Mollgaard, H. Peter & Overgaard, Per B. Temporary
partnerships as an information transmission mechanism:
foreign investment in emerging markets. 25p.
9811 Moraga-Gonzalez, Jose Luis & Padron-Fumero, Noemi. The
adverse effects of environmental policy in green markets.
24p.
9819 Vincent, Stephanie. Sequential auctions with heterogeneous
bidders. 19p.
UNIVERSITY OF COPENHAGEN. Institute of Economics.
9716 Ascari, Guido & Rankin, Neil. Staggered wages and
disinflation dynamics: what can more microfoundations tell
us?. 39p.
9715 Ejrnaes, Mette & Persson, Karl Gunnar. Market integration
and grain price stabilization in Europe 1500-1900: an
equilibrium error correction approach. 61p.
9717 Garfiel, Sophus & Knudsen, Ulrik V. An eclectic negotiation
theory of trade policy behaviour. 28p.
9720 Guinnane, Timothy W. Cooperatives as information machines:
German rural credit cooperatives, 1883 to 1914. 35p.
9719 Hansen, Claus Thustrup. Second best antitrust in general
equilibrium: a special case. 23p.
9714 Hansen, Claus Thustrup & Tranaes, Torben. Effort commitment
in active labour market programmes: consequences for
participation incentives & wage formation. 35p.
9722 Nielsen, Carsten K. Floating exchange rates versus a
monetary union under rational beliefs: the role of
endogenous uncertainty. 53p.
9713 Roberts, Mark A., Staehr, Karsten & Tranaes, Torben.
Two-stage bargaining with coverage extension in a dual
labour market. 27p.
9718 Juselius, Katarina. Changing monetary transmission
mechanisms within the EU. 32p.
9721 Juselius, Katarina. Do prices move together in the long
run?: An I(2) analysis of six price indices. 20p.
PAGE 20
9725 Guinnane, Timothy W. & Henriksen, Ingrid. Why Danish credit
cooperatives were so unimportant. 46p.
9801 McIntosh, James & Sims, William A. Duality theory and the
consistent estimation of technological parameters: why cost
function estimation can be wrong. 11p.
9802 McIntosh, James. Wage determination and employment in
traditional agriculture. 18p.
9723 O'Grada, Cormac. The great Irish famine: witness and
losers. 37p.
9724 O'Grada, Cormac. Immigrants, savers, and runners: the
Emigrant Industrial Savings Bank in the 1850s. 31p.
9803 Aloi, Marta, Dixon, Huw D. & Lloyd-Braga, Teresa.
Endogenous fluctuations in an open economy with increasing
returns to scale. 33p.
9805 Beyer, Andreas. Monetary transmission in Germany: evidence
from a structural econometric model. 34p.
9806 Tarp, Finn, et al. Danish aid policy: theory and empirical
evidence. 43p.
9807 Beyer, Andreas. European money demand and the role of UK
for its stability: a cointegration analysis. 31p.
9808 Hansen, Claus T. & Jacobsen, Hans J. Duration dependent
unemployment benefits in trade union theory. 28p.
9810 Hansen, Claus T. & Kyhl, Soren. Pay-per-view television:
consequences of a ban. 25p.
9809 Pedersen, Torben M. The Hodrick-Prescott filter, the
Slutsky effect, and the distortionary effect of filters.
17p.
9813 Araki, Huzihiro & Hansen, Frank. Jensen's operator
inequality for functions of several variables. 12p.
9812 Beyer, Andreas. Encompassing the VAR: a formalization of
seasonal encompassing with an application of a German
macromodel. 22p.
9804 Ejarque, Joao & Tranaes, Torben. Skill-neutral shocks and
institutional changes: implications for productivity growth
and wage dispersion. 39p.
9811 Menezes, Flavio M., Monteiro, Paulo K. & Temimi, Akram.
Discrete public goods with incomplete information. 17p.
9816 Ghatak, Maitreesh & Guinnane, Timothy W. The economics of
lending with joint liability: theory and practice. 33p.
9814 Hansen, Per Svejstrup & Kaarboe, Oddvar M. Equilibrium
selection and the rate of convergence in coordination games
with simultaneous play. 29p.
9815 Jacobsen, Hans J. Endogenous firm and endogenous business
cycles. 25p.
COWLES FOUNDATION FOR RESEARCH IN ECONOMICS AT YALE UNIVERSITY.
1170 Brown, Donald J. & Shannon, Chris. Uniqueness, stability,
and comparative statics in rationalizable Walrasian markets.
16p.
1169 Hall, George J. Non-convex costs and capital utilization: a
study of production scheduling at automobile assembly
plants. 37p.
1171 Shiller, Robert J. Indexed units of account: theory and
assessment of historical experience. 25p.
PAGE 21
1175 Brown, Donald J. & Matzkin, Rosa L. Estimation of
nonparametric functions in simultaneous equations models,
with an application to consumer demand. 18p.
1173 Herings, P. Jean-Jacques & Vannetelbosch, Vincent J. The
equivalence of the Dekel-Fudenberg iterative procedure and
weakly perfect rationalizability. 11p.
1176 Moscarini, Giuseppe & Smith, Lones. Wald revisited: the
optimal level of experimentation. 36p.
1172 Shiller, Robert J. Human behavior and the efficiency of the
financial system. 33p.
1174 Shubik, Martin. Some simple games for teaching and
research, part 1: cooperative games. 17p.
1182 Park, Joon Y & Phillips, Peter C.B. Asymptotics for
nonlinear transformations of integrated time series. 26p.
1180 Phillips, Peter C.B. Econometric analysis of Fisher's
equation. 33p.
1181 Phillips, Peter C.B & Park, Joon Y. Nonstationary density
estimation and kernel autoregression. 24p.
1179 Shiller, Robert. Designing indexed units of account. 18p.
1177 Shiller, Robert & Weiss, Allan N. Moral hazard in home
equity conversion. 25p.
1183 Geanakoplos, J., et al. A strategic market game with active
bankruptcy. 41p.
1184 Shubik, Martin. Game theory, complexity and simplicity,
part III: critique and prospective. 25p.
1178 Grant, Simon, Kajii, Atsushi & Polak, Ben. On the Skiadis
"conditional preference approach" to choice under
uncertainty. 11p.
1186 Lewbel, Arthur & Linton, Oliver B. Nonparametric censored
regression. 25p.
1185 Shiller, Robert J. Social security and institions for
intergenerational, intragenerational, and international risk
sharing. 36p.
1188 Tobin, James. Financial globalization: can national
currencies survive?. 23p.
1187 Tobin, James. Monetary policy: recent theory and practice.
8p.
(ENGLAND) CENTRE FOR ECONOMIC POLICY RESEARCH.
1765 Abowd, John M., Corbel, Patrick & Kramarz, Francis. The
entry and exit of workers and the growth of employment: an
analysis of French establishments. 47p.
1760 Anderson, Kym & Francois, Joseph F. Commercial links
between Western Europe and East Asia: retrospect and
prospects. 29p.
1763 Ascari, Guido & Rankin, Neil. Staggered wages and
disinflation dynamics: what can more microfoundations tell
us?. 39p.
1764 Barros, Pedro Pita. Approval rules for sequential
horizontal mergers. 21p.
1775 Booth, Alison L., Jenkins, Stephen P. & Serrano, Carlos
Garcia. New men and new women?: a comparison of paid work
propensities from a panel data perspective. 32p.
PAGE 22
1754 Bulow, Jeremy & Klemperer, Paul. The winner's curse and the
failure of the law of demand. 33p.
1753 Cohen, Daniel. Growth and external debt: a new perspective
on the African and Latin American tragedies. 33p.
1767 de Crombrugghe, Alain. Wage and pension pressure on the
Polish budget. 48p.
1766 de Crombrugghe, Alain & de Walque, Gregory. Fiscal norming
of wages to promote employment with monopoly unions. 25p.
1755 de la Fuente, Angel. Fiscal policy and growth in the OECD.
61p.
1756 de la Fuente, Angel & Vives, Xavier. The sources of Irish
growth. 23p.
1736 Earle, John S. & Estrin, Saul. After voucher privatization:
the structure of corporate ownership in Russian
manufacturing industry. 140p.
1761 Entorf, Horst, Gollac, Michel & Kramarz, Francis. New
technologies, wages and worker selection. 35p.
1773 Grafe, Clemens & Wyplosz, Charles. The real exchange rate
in transition economies. 39p.
1774 Hassler, John & Lindbeck, Assar. Intergenerational risk
sharing, stability and optimality of alternative pension
systems. 45p.
1770 Konings, Jozef. Competition & firm performance in
transition economies: evidence from firm level surveys in
Slovenia, Hungary & Rom. 30p.
1757 Lizal, Lubomir, Singer, Miroslav & Svejnar, Jan. Enterprise
breakups and performance during the transition. 31p.
1769 Marimon, Ramon & Zilibotti, Fabrizio. Unemployment versus
mismatch of talents: reconsidering unemployment benefits.
43p.
1768 Medrano, Luis Angel & Vives, Xavier. Strategic behaviour
and price discovery. 61p.
1759 Persson, Torsten & Tabellini, Guido. Political economics
and macroeconomic policy. 101p.
1747 Sinn, Hans-Werner & Feist, Holger. Eurowinners and
Eurolosers: the distribution of seigniorage wealth in EMU.
27p.
1758 Smets, Frank & Tsatsaronis, Kostas. Why does the yield
curve predict economic activity?: dissecting the evidence
for Germany and the United States. 34p.
1771 Wall, Howard J. & Zoega, Gylfi. The British Beveridge
curve: a tale of ten regions. 27p.
1772 Canzoneri, Matthew B., Cumby, Robert E. & Diba, Behzad T.
Is the price level determined by the needs of fiscal
solvency?. 37p.
1779 Danthine, Jean-Pierre, Donaldson, John B. & Johnsen, Thore.
Productivity growth, consumer confidence and the business
cycle. 43p.
1792 De Fraja, Gianni. The design of optimal education policies.
53p.
1790 Degeorge, Francois, Patel, Jayendu & Zeckhauser, Richard.
Earnings management to exceed thresholds. 52p.
1783 De Grauwe, Paul, Dewachter, Hans & Veestraeten, Dirk.
Stochastic process switching and stage III of EMU. 44p.
PAGE 23
1794 de la Fuente, Angel. Convergence equations and income
dynamics: the sources of OECD convergence, 1970-95. 18p.
1796 Epstein, Gil S., Hillman, Arye L. & Weiss, Avi. Creating
illegal immigrants. 31p.
1791 Golder, Stefan M. & Straubhaar, Thomas. Migration to
Switzerland: some new evidence. 57p.
1784 Grossman, Gene M. & Maggi, Giovanni. Free trade versus
strategic trade: a peek into Pandora's box. 28p.
1787 Herrendorf, Berthold & Neumann, Manfred J.M. The political
economy of inflation and central bank independence. 27p.
1786 Keuschnigg, Christian & Kohler, Wilhelm. Eastern
enlargement of the EU: how much is it worth for Australia?.
24p.
1795 Lettau, Martin. Idiosyncratic risk and volatility bounds,
or, can models with idiosyncratic risk solve the equity
premium puzzle?. 30p.
1793 Lutz, Stefan, Lyon, Thomas P. & Maxwell, John W. Strategic
quality choice with minimum quality standards. 20p.
1780 Mitchell, Janet. Strategic creditor passivity, regulation
and bank bailouts. 39p.
1782 Puga, Diego & Venables, Anthony J. Agglomeration and
economic development: import substitution versus trade
liberalization. 36p.
1777 Rajan, Raghuram G. & Zingales, Luigi. Power in a theory of
the firm. 44p.
1776 Rodrik, Dani. Democracies pay higher wages. 12p.
1789 Rodrik, Dani. Where did all the growth go?: external
shocks, social conflict and growth collapses. 50p.
1788 Roller, Lars-Hendrik & Sickles, Robin C. Capacity and
product market competition: measuring market power in a
`fat-cat' industry. 26p.
1785 van Rixtel, Adrian A.R.J.M. & Hassink, Wolter H.J.
Monitoring the monitors: Amakudari and the ex-post
monitoring of private banks. 31p.
1778 Zingales, Luigi. Survival of the fittest of the fattest:?
exit and financing in the trucking industry. 48p.
1833 Acemoglu, Daron & Pischke, Jorn-Steffen. The structure of
wages and investment in general training. 25p.
1797 Acemoglu, Daron & Robinson, James A. Why did the West
extend the franchise?: democracy, inequality and growth in
historical perspective. 33p.
1836 Artis, Michael & Marcellino, Massimiliano. Fiscal solvency
and fiscal forecasting in Europe. 41p.
1845 Baldwin, Richard E. Agglomeration and endogenous capital.
30p.
1803 Baldwin, Richard E., Martin, Philippe & Ottaviano, Gianmarco
I.P. Global income divergence, trade and industrialization:
the geography of growth take-offs. 44p.
1851 Baldwin, Richard E. & Ottaviano, Gianmarco I.P.
Multiproduct multinationals and reciprocal dumping. 22p.
1850 Boeri, Tito. Enforcement of employment security
regulations, on-the-job search and unemployment duration.
30p.
1846 Bottazzi, Laura & Manasse, Paolo. Bankers' versus workers'
Europe (1): adverse selection in EMU. 40p.
PAGE 24
1840 Bover, Olympia, Arelano, Manuel & Bentolila, Samuel.
Unemployment duration, benefit duration and the business
cycle. 57p.
1831 Buiter, Willem H. Notes on `A Code for Fiscal Stability'.
15p.
1799 Buiter, Willem H. The young person's guide to neutrality,
price level indeterminacy, interest rate pegs and fiscal
theories of the pr. 45p.
1830 Burgess, Simon & Propper, Carol. An economic model of
household income dynamics, with an application to poverty
dynamics among American women. 76p.
1847 Cukierman, Alex & Lippi, Francesco. Central bank
independence, centralization of wage bargaining, inflation
and unemployment: theory and evidence. 53p.
1819 Danthine, Jean-Pierre & Donaldson, John B. Non-falsified
expectations and general equlibrium asset pricing: the power
of the peso. 36p.
1834 De Grauwe, Paul. The risk of deflation in the future EMU:
lessons of the 1990s. 22p.
1842 Demertzis, Maria, Hughes-Hallett, Andrew & Viegi, Nicola.
Independently blue?: accountability and independence in the
new European Central Bank. 69p.
1804 Dornbusch, Rudiger, Favaro, Carlo A. & Giavazzi, Francesco.
A red letter day?. 52p.
1818 Driffill, John, Meschi, Meloria & Ulph, Alistair. Product
market integration and wages: evidence from a cross-section
of manufacturing establishments in the United K. 27p.
1853 Eckstein, Zvi & Weiss, Yoram. The absorption of
highly-skilled immigrants: Israel, 1990-95. 59p.
1809 Eichengreen, Barry & Ritschl, Albrecht. Winning the war,
losing the peace?: Britain's post-war recovery in a West
German mirror. 32p.
1849 Ellison, Martin & Scott, Andrew. Sticky prices and volatile
output: or when is a Phillips curve not a Phillips curve?.
25p.
1811 Epstein, Gil S. & Hillman, Arye L. Herd effects and
migration. 27p.
1815 Epstein, Gil S., Hillman, Arye L. & Ursprung, Heinrich W.
The king never emigrates: political culture and the
reluctant international movement of people. 28p.
1852 Faust, Jon & Svensson, Lars E.O. Transparency and
credibility: monetary policy with unobservable goals. 40p.
1812 Fehr, Ernst & Schmidt, Klaus M. A theory of fairness,
competition and cooperation. 41p.
1817 Foucault, Thierry. Order flow composition and trading costs
in dynamic limit order markets. 43p.
1813 Francois, Joseph F. & Nelson, Douglas. A geometry of
specialization. 38p.
1807 Grossbard-Schechtman, Shoshana & Neuman, Shoshana. The
extra burden of Moslem wives: clues from Israeli women's
labor supply. 36p.
1844 Gylfason, Thorvaldur. Privatization, efficiency and
economic growth. 27p.
1827 Hassler, John & Rodriguez Mora, Jose V. IQ, social mobility
and growth. 41p.
PAGE 25
1824 Hautcouer, Pierre-Cyrille & Sicsic, Pierre. Threat of
capital levy, expected devaluation and interest rates in
inter-war France. 30p.
1843 Hughes-Hallett, Andrew & McAdam, Peter. Large scale fiscal
retrenchments: long-run lessons from the stability pact.
37p.
1805 Hunt, Jennifer. The transition in East Germany: when is a
ten point fall in the gender wage gap bad news?. 35p.
1826 Karanassou, Marika & Snower, Dennis J. How labour market
flexibility affects unemployment: long-term implications of
the chain reaction theory. 23p.
1798 Lau, Lawrence J., Qian, Yingyi & Roland, Gerard. Reform
without losers: an interpretation of China's dual-track
approach to transition. 39p.
1800 Levine, Paul & Pearlman, Joseph. Monetary union: the ins
and outs of stategic delegation. 47p.
1825 Lindbeck, Assar & Snower, Dennis J. The division of labour
within firms. 11p.
1822 Ludema, Rodney D. & Wooton, Ian. Economic geography and the
fiscal effects of regional integration. 34p.
1841 Martin, Philippe. Public policies, regional inequalities
and growth. 22p.
1829 Melitz, Jacques & Zumer, Frederic. Regional redistribution
and stabilization by the Centre in Canada, France, the
United Kingdom and the United States. 34p.
1820 Miller, Marcus H. & Zhang, Lei. Sovereign liquidity crises:
the strategic case for a payments standstill. 30p.
1848 Olarreaga, Marcelo & Soloaga, Isidro. Endogenous tariff
formation: the case of MERCOSUR. 39p.
1802 Proudman, James & Redding, Stephen. Persistence and
mobility in international trade. 29p.
1837 Razin, Assaf, Sadka, Efraim & Yuen, Chi-Wa. Channeling
domestic savings into productive investment under asymmetric
information: the essential role of foreign . 23p.
1823 Soderlind, Paul. Extracting expectations about 1992 U.K.
monetary policy from option prices. 23p.
1821 Vinals, Jose. Monetary policy and inflation: from theory to
practice. 39p.
1808 Wigger, Berthold U. & von Weizsacker, Robert K. Risk,
resources and education. 18p.
1859 Bowlus, Audra J. & Eckstein, Zvi. Discrimination and skill
differences in an equilibrium search model. 40p.
1854 Burgess, Simon & Profit, Stefan. Externalities in the
matching of workers and firms in Britain. 33p.
1838 Cao, Yuanzheng, Qian, Yingyi & Weingast, Barry R. From
federalism, Chinese style, to privatization, Chinese style.
38p.
1863 Cordella, Tito & Grilo, Isabel. `Globalization' and
relocation in a vertically differentiated industry. 18p.
1810 Dixon, Huw David. Keeping up with the Joneses: competition
and the evolution of collusion in an oligopolistic economy.
24p.
1861 Eckstein, Zvi & Wolpin, Kenneth I. Youth employment and
academic performance in high school. 61p.
PAGE 26
1832 Eckstein, Zvi, Mira, Pedro & Wolpin, Kenneth I. A
quantative analysis of Swedish fertility dynamics,
1751-1990. 33p.
1866 Edison, Hali J., Luangaram, Pongsak & Miller, Marcus. Asset
bubbles, domino effect and "lifeboats": elements of the East
Asian crisis. 38p.
1828 Eichengreen, Barry & Rose, Andrew K. Staying afloat when
the wind shifts: external factors and emerging-market
banking crises. 45p.
1856 Falkinger, Josef & Zweimuller, Josef. Learning for
employment, innovating for growth. 24p.
1864 Fischer, Andreas M. & Zurlinden, Mathias. Interventions
versus customer transactions: an alternative test of the
signalling hypothesis. 27p.
1872 Flandreau, Marc, Le Cacheux, Jacques & Zumer, Frederic.
Stability without a pact?: lessons from the European gold
standard, 1880-1914. 54p.
1862 Geroski, Paul A. An applied econometrician's view of large
company performance. 38p.
1867 Geroski, Paul A., Small, Ian & Walters, Chris F.
Agglomeration economies, technology spillovers and company
productivity growth. 40p.
1814 Green, Richard & McDaniel, Tanga. Competition in
electricity supply: will `1998' be worth it?. 36p.
1857 Greenaway, David & Torstensson, Johan. Economic geography,
comparative advantage and trade within industries: evidence
from the OECD. 23p.
1873 Habib, Michael A. & Ljungqvist, Alexander P. Headline
underpricing and entrepreneurial wealth losses in IPOs:
theory and evidence. 38p.
1858 Herrendorf, Berthold, Valentinyi, Akos & Waldmann, Robert.
Ruling out indeterminacy: the role of heterogeneity. 27p.
1865 Honohan, Patrick. Does PPP-adjusted data exaggerate the
relative size of poor economies?. 29p.
1839 Konings, Jozef & Repkin, Alexander. How efficient are firms
in transition countries: firm-level evidence from Bulgaria
and Romania. 26p.
1860 Konings, Jozef, Vandenbussche, Hylke & Veugelers, Reinhilde.
Union wage bargaining and European antidumping policy in
imperfectly competitive markets. 31p.
1835 Lizal, Lubomir & Svejnar, Jan. Enterprise investment during
the transition: evidence from Czech panel data. 47p.
1801 Rajan, Raghuram G., Servaes, Henri & Zingales, Luigi. The
cost of diversity: the diversification discount and
inefficient investment. 50p.
1870 Ritter, Peer & Walz, Uwe. Local unemployment and
specialization. 28p.
1871 Sinn, Hans-Werner. European integration and the future of
the welfare state. 18p.
1806 Zingales, Luigi. Corporate governance. 20p.
1855 Zweimuller, Josef & Brunner, Johann K. Innovation and
growth with rich and poor consumers. 23p.
1889 Bacchetta, Philippe & van Wincoop, Eric. Capital flows to
emerging markets: liberalization, overshooting and
volatility. 37p.
PAGE 27
1879 Barrett, Alan & O'Connell, Philip J. Does training
generally work?: the returns to in-company training. 19p.
1892 Bernard, Henri & Gerlach, Stefan. Does the term structure
predict recessions?: the international evidence. 26p.
1877 Bilal, Sanoussi, Grether, Jean-Marie & de Melo, Jaime.
Determinants of attitudes towards immigration: a
trade-theoretic approach. 38p.
1881 Burda, Michael. The consequences of EU enlargement for
Central and East European labour markets. 37p.
1869 Burda, Michael & Mertens, Antje. Wages and worker
displacement in Germany. 32p.
1878 Cadot, Olivier, de Melo, Jaime & Olarreaga, Marcelo. Can
bilateralism ease the pains of multilateral trade
liberalization?. 18p.
1899 Canzoneri, Matthew B., Cumby, Robert E. & Diba, Behzad T.
Fiscal discipline and exchange rate regimes. 34p.
1886 Cordella, Tito & Yeyati, Eduaro Levy. Public disclosure and
bank failures. 26p.
1896 Darby, Julia, et al. The impact of exchange rate
uncertainty on the level of investment. 38p.
1890 Darvas, Zsolt M. Spurious correlation in exchange rate
target zone modelling: testing the drift adjustment method
on the U.S. dollar. 42p.
1883 Djankov, Simeon & Hoekman, Bernard. Avenues of technology
transfer: foreign investment and productivity change in the
Czech Republic. 21p.
1898 Eichengreen, Barry & Jeanne, Olivier. Currency crisis and
unemployment: sterling in 1931. 58p.
1888 Gehrig, Thomas, Regibeau, Pierre & Rockett, Kate. Project
evaluation and organizational form. 30p.
1882 Hoekman, Bernard, Konon, Denise & Maskus, Keith. An
Egypt-United States free trade agreement: economic
incentives and effects. 35p.
1895 Ichino, Andrea & Winter-Ebmer, Rudolf. The long-run
educational cost of World War II: an example of local
average treatment effect estimation. 30p.
1884 Lettau, Martin. Inspecting the mechanism: the determination
of asset prices in the real business cycle model. 28p.
1875 Marcet, Albert & Nicolini, Juan Pablo. Recurrent
hyperinflations and learning. 42p.
1885 Nielsen, Lars T & Vassalou, Maria. Performance measures for
dynamic portfolio management. 36p.
1816 Rabick, Marcus E. The importance of networks in the market
for university graduates in Japan: a longitudinal analysis
of hiring patte. 33p.
1891 Schnitzer, Monika. Expropriation and control rights: a
dynamic model of foreign direct investment. 30p.
1880 Zweimuller, Josef. Schumpeterian entrepreneurs meet Engel's
law: the impact of inequality on innovation-driven growth.
31p.
1922 Anton, James J., Vander Weide, James H. & Vettas, Nikolaos.
Strategic pricing and entry under universal service and
cross-market price constraints. 33p.
1941 Artis, Michael, Mizen, Paul & Kontolemis, Zenon. Inflation
targeting: what can the European Central Bank learn from the
recent experience of the Bank of England?. 21p.
PAGE 28
1926 Artis, Michael, Kohler, Marion & Melitz, Jacques. Trade and
the number of optimum currency areas in the world. 48p.
1927 Attanasio, Orazio P., Guiso, Luigi & Jappelli, Tullio. The
demand for money, financial innovation and the welfare cost
of inflation: an analysis with households' data. 50p.
1932 Bayoumi, Tamim & MacDonald, Ronald. Deviations of exchange
rates from purchasing power parity: a story featuring two
monetary unions. 20p.
1893 Beetsma, Roel M.W.J. & Schotman, Peter C. Measuring risk
attitudes in a natural experiment: data from the television
game show Lingo. 45p.
1955 Benabou, Roland & Ok, Efe A. Social mobility and the demand
for redistribution: the POUM hypothesis. 32p.
1906 Bennett, John & Dixon, Huw David. Monetary policy and
credit in China: a theoretical analysis. 23p.
1925 Bertocchi, Graziella & Spagat, Michael. The evolution of
modern educational systems: technical vs. general education,
distributional conflict and growth. 35p.
1911 Blau, David M. & Riphahn, Regina T. Labour force
transitions of older married couples in Germany. 39p.
1950 Boot, Arnoud W.A., Milbourn, Todd T. & Thakor, Anjan V.
Expansion of banking scale and scope: don't banks know the
value of focus?. 29p.
1949 Boot, Arnoud W.A. & Schmeits, Anjolein. Market discipline
and incentive problems in conglomerate banks. 38p.
1909 Bottazzi, Laura & Manasse, Paolo. Workers' versus bankers'
Europe (II): policy externalities and credibility in EMU.
26p.
1905 Bouckhaert, Jan & Degryse, Hans. Price competition between
an expert and a non expert. 29p.
1946 Brown, Annette N. & Brown, J. David. Does market structure
matter?: new evidence from Russia. 36p.
1868 Burkart, Mike, Gromb, Denis & Panunzi, Fausto. Block premia
in transfers of corporate control. 36p.
1945 Cameron, Gavin & Muellbauer, John. The housing market and
regional commuting and migration choices. 49p.
1923 Campbell, John Y., Kim, Sangjoon & Lettau, Martin.
Dispersion and volatility in stock returns: an empirical
investigation. 25p.
1953 Castillo, Sonsoles, Dolado, Juan J. & Jimeno, Juan F. The
fall in consumption from being unemployed in Spain and
Portugal. 20p.
1954 Castillo, Sonsoles, Dolado, Juan J. & Jimeno, Juan F. A
tale of two neighbour economies: labour market dynamics in
Spain and Portugal. 39p.
1908 Clarida, Richard, Gali, Jordi & Gertler, Mark. Monetary
policy rules and macroeconomic stability: evidence and some
theory. 35p.
1939 Cordella, Tito & Yeyati, Eduaro Levy. Financial opening,
deposit insurance and risk in a model of banking
competition. 42p.
1931 Cordella, Tito & Grilo, Isabel. `Social dumping' and
relocation: is there a case for imposing a social clause?.
34p.
PAGE 29
1924 de la Fuente, Angel. What kind of regional convergence?.
33p.
1938 Dessus, Sebastien & Suwa-Eisenmann, Akiko. Trade
integration with Europe, export diversification and economic
growth in Egypt. 30p.
1935 Dixit, Avinash, Grossman, Gene M. & Gul, Faruk. A theory of
political compromise. 45p.
1929 Driffill, John & Miller, Marcus. No credit for transition:
the Maastrict Treaty and German unemployment. 26p.
1942 Dustmann, Christian & Preston, Ian. Attitudes to ethnic
minorities, ethnic context and location decisions. 33p.
1904 Eichengreen, Barry & Kohl, Richard. The external sector,
the state and development in Eastern Europe. 65p.
1913 Fernandez, Raquel. Education and borrowing constraints:
tests vs. prices. 34p.
1952 Fischer, Peter A., et al. Why do people stay? the insider
advantages approach: empirical evidence from Swedish labour
markets. 55p.
1944 Flood, Robert P. & Rose, Andrew K. Understanding exchange
rate volatility without the contrivance of macroeconomics.
18p.
1919 Francois, Joseph F. & Nelson, Douglas. Trade, technology
and wages: general equilibrium mechanics. 25p.
1897 Garner, Thesia I. & Terrell, Katherine. A Gini
decomposition analysis of inequality in the Czech and Slovak
Republics during the transition. 26p.
1894 Gehrig, Thomas. Cities and the geography of financial
centres. 45p.
1947 Glick, Reuven & Rose, Andrew K. Contagion and trade: why
are currency crises regional?. 27p.
1900 Gylfason, Thorvaldur, Herbertsson, Truggvi T. & Zoega,
Gylfi. Ownership and growth. 22p.
1937 Haaland, Jan I. & Wooton, Ian. International competition
for multinational investment. 28p.
1917 Harhoff, Dietmar & Korting, Timm. Lending relationships in
Germany: empirical results from survey data. 34p.
1902 Haskel, Jonathan & Sanchis, Amparo. A bargaining model of
Farrell inefficiency. 27p.
1907 Haskel, Jonathan & Heden, Ylva. Computers and the demand
for skilled labour: industry and establishment-level panel
evidence for the United Kingdom. 11p.
1940 Haskel, Jonathan & Slaughter, Matthew J. Does the sector
bias of skill-based technical change explain changing wage
inequality?. 41p.
1910 Hege, Ulrich & Viala, Pascale. Contentious contracts. 32p.
1930 Helpman, Elhanan & Rangel, Antonio. Adjusting to a new
technology: experience and training. 43p.
1936 Huizinga, Harry & Nielsen, Soren Bo. Is coordination of
fiscal deficits necessary?. 23p.
1934 James, Sallie & Anderson, Kym. On the need for more
economic assessment of quarantine/SPS policies. 30p.
1901 Keely, Louise C. & Quah, Danny. Technology in growth. 36p.
1887 Keuschnigg, Christian. Venture capital: a case for
investment promotion. 44p.
PAGE 30
1928 Konings, Jozef & Walsh, Patrick P. Disorganization in the
transition process: firm-level evidence from Ukraine. 31p.
1918 Manove, Michael & Padilla, A. Jorge. Banking
(conservatively) with optimists. 33p.
1943 Miles, David & Iben, Andreas. The reform of pension
systems: winners and losers across generations. 28p.
1921 Milesi-Ferretti, Gian Maria & Razin, Assaf. Current account
reversals and currency crises: empirical regularities. 52p.
1916 Neary, J. Peter & O'Sullivan, Paul. Beat 'em or join 'em?:
export subsidies versus international research joint
ventures in oligopolistic markets. 36p.
1915 Neuman, Shoshana & Oaxaca, Ronald L. Estimating labour
market discrimination w/ selectivity corrected wage
equations : methodological considerations and. 30p.
1912 Neven, Damien J., Roller, Lars-Hendrik & Zhang, Zhentang.
Union power and product market competition: evidence from
the airline industry. 24p.
1951 O'Donoghue, Ted & Zweimuller, Josef. Patents in a model of
endogenous growth. 42p.
1903 Ottaviano, Gianmarco & Thisse, Jacques-Francois.
Agglomeration and trade revisited. 35p.
1874 Padoa Schioppa Kostoris, Fiorella. Economic policy and
reforms in contemporary Italy. 72p.
1920 Rotte, Ralph & Vogler, Michael. Determinants of
international migration: empirical evidence for migration
from developing countries to Germany. 40p.
1933 Strutt, Anna & Anderson, Kym. Will trade liberalization
harm the environment?: the case of Indonesia 2000. 34p.
1914 Thisse, Jacques-Francois, Jellal, Mohamed & Zenou, Yves.
Deand uncertainty, mismatch and (un)employment: a
microeconomic approach. 21p.
1961 Venables, Anthony J. The international division of
industries: clustering and comparative advantage in a
multi-industry model. 26p.
1957 Zigic, Kresimir. Strategic trade policy: how important is
the informational constraint?: the case of optimal tariff
when technologic. 34p.
1974 Audretsch, David B. Agglomeration and the location of
innovative activity. 28p.
1962 Bacchetta, Philippe & van Wincoop, Eric. Does exchange rate
stability increase trade and capital flows?. 40p.
1970 Bayoumi, Tamim. Estimating trade equations from aggregate
bilateral data. 36p.
1982 Bayoumi, Tamim & Eichengreen, Barry. Exchange rate
volatility and intervention: implications of the theory of
optimum currency areas. 23p.
1975 Beetsma, Roel M.W.J & Bovenberg, A. Lans. The optimality of
a monetary union without a fiscal union. 43p.
1956 Begg, David. Pegging out: lessons from the Czech exchange
crisis. 29p.
1958 Bentolila, Samuel & Saint-Paul, Gilles. Explaining
movements in the labour share. 58p.
1965 Booth, Alison L., Francesconi, Marco & Frank, Jeff. Glass
ceilings or sticky floors?. 34p.
PAGE 31
1983 Bovenberg, A. Lans, Graafland, Johan J. & de Mooij, Rudd A.
Tax reform and the Dutch labour market: an applied general
equilibrium approach. 100p.
1971 Cornelli, Francesca & Schankerman, Mark. Patent renewals
and R & D incentives. 28p.
1967 Faure-Grimaud, Antoine, Laffont, Jean-Jacques & Martimort,
David. A theory of supervision with endogenous transactions
costs. 40p.
1980 Feldman, Maryann P. & Audretsch, David B. Innovation in
cities: science-based diversity, specialization and
localized competition. 31p.
1964 Fischer, Andreas & Zurlinden, Mathias. Are interventions
self-exciting?. 24p.
1966 Flabbi, Luca & Ichino, Andrea. Productivity, seniority and
wages: new evidence from personnel data. 24p.
1959 Fontagne, Lionel, Freudenberg, Michael & Peridy, Nicholas.
Intra-industry trade and the single market: quality matters.
40p.
1972 Galor, Oded & Moav, Omer. Ability based technological
transition, wage inequality and growth. 47p.
1981 Galor, Oded & Weil, David N. Population, technology and
growth: from the Malthusian regime to the demographic
transition. 50p.
1973 Gehrig, Thomas. Screening, cross-border banking and the
allocation of credit. 20p.
1979 Milesi-Ferretti, Gian Maria & Roubini, Nouriel. Growth
effects of income and consumption taxes. 35p.
1977 Mitchell, Janet. The problem of bad debts: cleaning banks'
balance sheets in economies in transition. 36p.
1968 Neary, J. Peter & Leahy, Dermot. Strategic trade and
industrial policy towards dynamic oligopolies. 54p.
1963 Orszag, Mike & Snower, Dennis J. Anatomy of policy
complementarities. 54p.
1978 Rauch, James E. & Casella, Alessandra. Overcoming
informational barriers to international resource allocation:
prices and group ties. 46p.
1976 Sullivan, Ryan, Timmermann, Allan & White, Halbert.
Data-snooping, technical trading rules performance and the
bootstrap. 64p.
1997 Audretsch, David B. Industrial organization and the new
industrial policy. 51p.
1991 Audretsch, David B. & Stephan, Paula E. How and why does
knowledge spill over?: the case of biotechnology. 18p.
1986 Barros, Pedro P. & Nilssen, Tore. Industrial policy and
firm heterogeneity. 23p.
1876 Bauer, Thomas, et al. Immigrant labour and workplace
safety. 30p.
2003 Bauer, Thomas & Gang, Ira N. Temporary migrants from Egypt:
how long do they stay abroad?. 24p.
1984 Bayoumi, Tamim & Masson, Paul R. Liability-creating versus
non-liability-creating fiscal stabilization policies:
Ricardian equivalence, fiscal stabi. 37p.
2014 Biais, Bruno & Perotti, Enrico C. Machiavellian
underpricing. 34p.
PAGE 32
1987 Bisin, Alberto & Guaitoli, Danilo. Moral hazard and
non-exclusive contracts. 26p.
2018 Boone, Laurence & Maurel, Mathilde. Economic convergence of
the CEECs with the EU. 27p.
1992 Burda, Michael C. & Dluhosch, Barbara. Globalization and
European labour markets. 35p.
2002 Cadot, Olivier, de Melo, Jaime & Olarreaga, Marcelo.
Harmonizing exterbal quotas in a free trade area: a step
backward?. 24p.
2038 Canova, Fabio & Ravn, Morten O. The macroeconomic effects
of German unification: real adjustments and the welfare
state. 31p.
2008 Card, David, Kramarz, Francis & Lemieux, Thomas. Changes in
the relative structure of wages and employment: a comparison
of Canada, France and the U.S. 47p.
2037 Chemla, Gilles & Faure-Grimaud, Antoine. Dynamic adverse
selection and debt. 35p.
2011 Cordella, Tito. Can short-term capital controls promote
capital inflows?. 7p.
2010 Coutant, Sophie, Jondeau, Eric & Rockinger, Michael.
Reading interest rate and bond futures options' smiles
around the 1997 French snap elections. 46p.
1988 Djankov, Simeon & Hoekman, Bernard. Conditions of
competition and multilateral surveillance. 26p.
2012 Dustmann, Christian & van Soest, Arthur. Language and the
earnings of immigrants. 33p.
2035 Feenstra, Robert C., Markusen, James R. & Rose, Andrew K.
Understanding the home market effect and the gravity
equation: the role of differentiating goods. 31p.
2004 Flandreau, Marc. Caveat emptor: coping with sovereign risk
without the multilaterals. 40p.
2006 Grant, Charles, Miniaci, Raffaele & Weber, Guglielmo.
Changes in consumption behaviour: Italy in the early 1990s.
42p.
2005 Grossman, Gene M. & Maggi, Giovanni. Diversity and trade.
40p.
1960 Haton, Timothy J. & Price, Stephen W. Migration, migrants
and policy in the United Kingdom. 65p.
2039 Heinrich, Georges. Ageing gracefully?: a bootstrap analysis
of poverty among pensioners using evidence from the PACO
databases. 26p.
1969 Herrendorf, Berthold & Neumann, Manfred J.M. The political
economy of inflation, labour market distortions and central
bank independence. 33p.
2007 Ichino, Andrea & Winter-Ebmer, Rudolf. Lower and upper
bounds of returns to schooling: an exercise in IV estimation
with different instruments. 11p.
1990 Jeanne, Olivier & Masson, Paul. Currency crises, sunspots
and Markov-switching regimes. 30p.
2009 Jondeau, Eric & Rockinger, Michael. Reading the smile: the
message conveyed by methods which infer risk neutral
densities. 41p.
2024 Kolev, Alexandre. Labour supply in the informal economy in
Russia during transition. 35p.
PAGE 33
2025 Morris, Stephen & Shin, Hyun Song. A theory of the onset of
currency attacks. 31p.
1993 Palomino, Frederic. Relative performance equilibrium in
financial markets. 37p.
1948 Perotti, Enrico C. & von Thadden, Ernst-Ludwig. Dominant
investors and strategic transparency. 40p.
2000 Puhani, Parick A. Advantage through training?: a
microeconometric evaluation of the employment effects of
labor market programmes in . 64p.
1995 Rodriguez, Rosa, Restoy, Fernando & Pena, J. Ignacio. Can
output explain the predictability and volatility of stock
returns?. 30p.
1985 Rosenkranz, Stephanie. To reveal or not to reveal: the case
of research joint ventures with two-sided incomplete
information. 31p.
1999 Rudebusch, Glenn D. & Svensson, Lars E. Policy rules for
inflation targeting. 51p.
2013 Schnitzer, Monika. On the role of bank competition for
corporate finance and corporate control in transition
economies. 30p.
2023 Sinn, Hans-Werner. The pay-as-you-go pension system as a
fertility insurance and enforcement device. 28p.
1998 Svensson, Lars E.O. Inflation targeting as a monetary
policy rule. 50p.
2001 Tornell, Aaron & Lane, Phillip R. Voracity and growth.
36p.
UNIVERSITY OF ESSEX. Department of Economics.
476 Chambers, Marcus J. Gaussian estimation of temporarily
aggregated cointegrated systems. 35p.
477 Chambers, Marcus J. Temporal aggregation and the asymptotic
variance of optimal estimators in cointegrated systems.
29p.
475 Dhami, Sanjit S. Risk, moral hazard and the role of capital
taxes. 34p.
478 Graca, Job, Ho, Mun & Jafarey, Saqib. Credit market
imperfections, human capital and economic growth. 45p.
480 Hindriks, Jean. Mobility and redistribution reconsidered.
25p.
479 Lahiri, Sajal, Nasim, Anjum & Ghani, Jawaid. Commercial
policy in the presence of intermediate inputs and smuggling
with particular reference to Pakistan. 27p.
481 Hindriks, Jean. The consequences of labor mobility for
redistribution: a comparison between three approaches. 13p.
483 McGarry, Joanne. The estimation of systems of joint
differential difference equations with non integer lags.
30p.
484 Markose, Sheri Marina. Game theory for central bankers:
have the got it right?. 39p.
482 Smith, Eric F. & Webb, Tracy J. A tale of two cities: tax
competition and local public services. 24p.
486 Bergstrom, A.R. Stability and wage acceleration in
macroeconomic models of cyclical growth. 26p.
PAGE 34
488 Bhaskar, V. & Vega-Redondo, Fernando. Asynchronous choice
and Markov equilibria: theoretical foundations and
applications. 29p.
485 Burdett, Ken, Trejos, Alberto & Wright, Randall. Cigarette
money. 38p.
487 Markose, Sheri M. On the advocacy of transparent monetary
policy rules: a critique. 35p.
489 Symeonidis, George. In which industries is collusion more
likely?: evidence from the U.K. 36p.
EUROPEAN UNIVERSITY INSTITUTE. Department of Economics.
9715 Engsted, Tom & Johansen, Soren. Granger's representation
theorem and multicointegration. 13p.
9714 Johansen, Soren. Mathematical and statistical modelling of
cointegration. 16p.
9716 Johansen, Soren & Schaumberg, Ernst. Likelihood analysis of
seasonal cointegration. 39p.
97-8 Labory, Sandrine. Firm structure and market structure: a
case study of the car industry. 41p.
9711 Pelloni, Alessandra & Waldman, Robert. Stability properties
in a growth model. 10p.
9724 Rehme, Gunther. Economic growth, (re-)distributive
policies, capital mobility and tax competition in open
economies. 53p.
9719 Versaevel, Bruno. Production and organizational
capabilities. 28p.
9723 Vitale, Paolo. Speculative noise trading and manipulation
in the foreign exchange market. 23p.
THE MAURICE FALK INSTITUTE FOR ECONOMIC RESEARCH IN ISRAEL.
9801 Friedberg, Rachel M. The impact of mass migration on the
Israeli labor market. 42p.
9802 Beenstock, Michael & Klinov, Ruth. The determinants of
separations from employment: Israel, 1969-1992. 38p.
9805 Ahituv, Avner & Kimhl, Ayal. Off-farm work and capital
accumulation over the farmer's life-cycle. 26p.
9807 Levy, Haim & Levy, Azriel. The management of foreign
exchange reserves with balance of payments and external debt
considerations: the case of . 35p.
FEDERAL RESERVE BANK OF ATLANTA. Research Department.
9713 Bliss, Robert R. & Smith, David C. The stability of
interest rate processes. 23p.
9715 Burdick, Clark A. A transitional analysis of the welfare
cost of inflation. 42p.
9716 Chang, Roberto & Velasco, Andres. Financial fragility and
the exchange rate regime. 57p.
9717 Feng, Chenyang & Smith, Stephen D. Jump risk, time-varying
risk premia, and technical trading profits. 9p.
9714 Hartley, Peter R. & Whitt, Joseph A. Macroeconomic
fluctuations in Europe: demand or supply, permanent or
temporary?. 38p.
PAGE 35
98-2 Espinosa-Vega, Marco, Smith, Bruce D. & Yip, Chong K. On
government credit programs. 63p.
98-1 Espinosa-Vega, Marco & Russell, Steven. A public finance
analysis of multiple reserve requirements. 34p.
98-3 Zavodny, Madeline. Determinants of recent immigrants'
locational choices. 26p.
98-4 Zavodny, Madeline. The effects of official English laws on
limited-English proficient workers. 36p.
98-6 Espinosa-Vega, Marco & Russell, Steven. The long-run real
effects of monetary policy: Keynesian prediction from a
neoclassical model. 46p.
98-5 Kahn, Charles M. & Roberds, William. Demandable debt as a
means of payment: banknotes versus checks. 31p.
98-9 Ackert, Lucy F. & Church, Brian K. Bid-ask spreads in
multiple dealer settings: some experimental evidence. 29p.
98-8 Ackert, Lucy F. & Athanassakos, George. Institutional
investors, analyst following, and the January anomaly. 26p.
9813 Ackert, Lucy F. & Racine, Marie D. Stochastic trends and
cointegration in the market for equities. 19p.
98-7 Ackert, Lucy F., Church, Brian K. & Sankar, Mandira Roy.
Voluntary disclosure under imperfect competition:
experimental evidence. 26p.
9810 Chang, Roberto & Velasco, Andres. Financial crises in
emerging markets: a canonical model. 50p.
9812 Sims, Christopher A. & Zha, Tao A. Does monetary policy
generate recessions?. 60p.
9816 Becsi, Zsolt, Wang, Ping & Wynne, Mark A. Costly
intermediation and the big push. 27p.
9811 Chang, Roberto & Velasco, Andres. The Asian liquidity
crisis. 59p.
9814 Racine, Marie D. & Ackert, Lucy F. Time-varying volatility
in Canadian and U.S. stock index futures markets: a
multivariate analysis. 23p.
9818 Ackert, Lucy F. & Church, Bryan K. The effects of subject
pool and design experience on rationality in experimental
asset markets. 50p.
9819 Becsi, Zsolt. Fiscal competition and reality: a time series
approach. 30p.
9815 Becsi, Zsolt, Wing, Ping & Wynne, Mark A. Endogenous market
structures and financial development. 37p.
9817 Zhang, Ping, Church, Bryan K. & Ackert, Lucy F. Uncertain
litigation cost and seller behavior: evidence from an
auditing game. 37p.
FEDERAL RESERVE BANK OF CHICAGO. Research Department.
9711 Altonji, Joseph G. & Pierret, Charles R. Employer learning
and statistical discrimination. 55p.
9715 Christiano, Lawrence J. & Fisher, Jonas D.M. Algorithms for
solving dynamic models with occasionally binding
constraints. 64p.
9710 Evans, Charles L. & Marshall, David A. Monetary policy and
the term structure of nominal interest rates: evidence and
theory. 62p.
PAGE 36
9716 Jacobson, Louis S., LaLonde, Robert J. & Sullivan, Daniel G.
The return from community college schooling for displaced
workers. 36p.
9713 Sargent, Thomas J. & Velde, Francois R. The evolution of
small change. 76p.
9712 Velde, Francois R., Weber, Warren E. & Wright, Randall. A
model of commodity money, with applications to Gresham's Law
and the debasement puzzle. 37p.
9717 Christiano, Lawrence J., Eichenbaum, Martin & Evans, Charles
L. Modeling money. 43p.
9718 Christiano, Lawrence J., Eichenbaum, Martin & Evans, Charles
L. Monetary policy shocks: what have we learned and to what
end?. 93p.
9720 Kouparitsas, Michael A. Would free trade have emerged in
North America without NAFTA?. 39p.
9719 Segal, Lewis M., Mauser, Elizabeth & Weisbrod, Burton A.
Volunteer labor sorting across industries. 23p.
9723 Segal, Lewis M. & Sullivan, Daniel G. Temporary services
employment durations: evidence from state unemployment
insurance data. 23p.
98-1 Veracierto, Marcelo. Plant level irreversible investment
and equilibrium business cycles. 54p.
98-2 Alvarez, Fernando & Veracierto, Marcelo. Search,
self-insurance and job security provisions. 54p.
98-9 Barrow, Lisa. An analysis of women's return-to-work
decisions following first birth. 32p.
98-5 Burnside, Craig, Eichenbaum, Martin & Rebelo, Sergio.
Prospective deficits and the Asian currency crisis. 52p.
98-6 Christiano, Lawrence J. & Fisher, Jonas D.M. Stock market
and investment good prices: implications for macroeconomics.
53p.
98-7 Edelberg, Wendy, Eichenbaum, Martin & Fisher, Jonas D.M.
Understanding the effects of a shock to government
purchases. 46p.
98-8 Velde, Francois R. & Weber, Warren E. A model of
bimetallism. 45p.
9811 Aaronson, Daniel. School finance reform and school district
income sorting. 37p.
9810 Rissman, Ellen R. The quest for the natural rate: evidence
from a measure of labor market turbulence. 45p.
FEDERAL RESERVE BANK OF DALLAS. Research Department.
9712 Koo, Jahyeong & Johnson, Paul A. Decomposition of feedback
between time series in a bivariate error-correction model.
11p.
9713 Koo, Jahyeong, Phillips, Keith & Sigalla, Fiona. Measuring
regional cost of living. 35p.
9711 Ruffin, Roy J. Quasi-specific factors: worker comparative
advantage in the two-sector production model. 31p.
9801 Haslag, Joseph H. & Young, Eric R. Revenue-maximizing
monetary policy. 39p.
9802 Balke, Nathan S. & Petersen, D'Ann. How well does the Beige
Book reflect economic activity?: evaluating qualitative
information quantitatively. 34p.
PAGE 37
9803 Cox, W. Michael & Ruffin, Roy J. What should economists
measure?: the implications of mass production vs. mass
customization. 5p.
9804 Dolman, Jim & Huffman, Gregory W. On the political economy
of immigration and income redistribution. 33p.
9805 Duca, John V. & Van Hoose, David D. The rise of
goods-market competition and the fall of nominal wage
contracting: endogenous wage contracting in a mul. 39p.
FEDERAL RESERVE BANK OF DALLAS. Financial Industry Studies.
5/97 Clark, Jeffrey A. & Siems, Thomas F. Competitive viability
in banking: looking beyond the balance sheet. 46p.
FEDERAL RESERVE BANK OF KANSAS CITY. Research Division.
9711 Filardo, Andrew J. Using near-VARs to examine
phase-dependent monetary and fiscal policy. 40p.
9712 Golob, John E. & Bishop, David G. Inflation and relative
price variability: durables vs. nondurables and services.
23p.
9710 Lamb, Russell L. Inverse productivity: land quality, labor
markets, and risk. 30p.
9709 Clark, Todd E. Do producer prices help predict consumer
prices?. 22p.
9714 Hess, Gregory D. & Orphanides, Athanasios. An investgation
into the magnitude of foreign conflicts. 37p.
9707 Hess, Gregory D. & Shin, Kwanho. Risk sharing by households
within and across regions and industries. 31p.
9708 Kozicki, Sharon & Tinsley, P.A. Shifting endpoints in the
term structure of interest rates. 41p.
9713 Laubach, Thomas. Measuring the NAIRU: evidence from seven
economies. 41p.
9801 Lagunoff, Roger D. & Schreft, Stacey L. A model of
financial fragility. 44p.
9802 Kozicki, Sharon. Predicting inflation with the term
structure spread. 39p.
9803 Kozicki, Sharon & Tinsley, P.A. Vector rational error
correction. 33p.
9805 Amato, Jeffery D. The real-time (in)significance of M2.
38p.
9804 Clark, Todd E. & Shin, Kwanho. The sources of fluctuations
within and across countries. 83p.
9806 Roley, V. Vance & Sellon, Gordon H. Market reaction to
monetary policy nonannouncements. 27p.
FEDERAL RESERVE BANK OF MINNEAPOLIS. Research Department.
243 Diebold, Francis X., Ohanian, Lee E. & Berkowitz, Jeremy.
Dynamic equilibrium economies: a framework for comparing
models and data. 35p.
244 Kilian, Lutz & Ohanian, Lee E. Is there a trend break in
U.S. GNP?: a macroeconomic perspective. 45p.
241 Aiyagari, S. Rao, Braun, R. Anton & Eckstein, Zvi.
Transaction services, inflation, and welfare. 42p.
PAGE 38
245 Holmes, Thomas J. & Schmitz, James A. A gain from trade:
more research, less obstruction. 60p.
246 Cole, Harold L. & Ohanian, Lee E. The demand for money and
the nonneutrality of money. 45p.
247 McGrattan, Ellen R. Comments on Gordon, Leeper, and Zha's
"Trends in velocity and policy expectations". 15p.
249 Geweke, John. Using simulation methods for Bayesian
econometric models: inference, development, and
communication. 74p.
248 Ohanian, Lee E. "The Defining Moment": a review essay.
10p.
252 Allen, Beth & Jordan, James S. The existence of rational
expectations equilibrium: a retrospective. 28p.
251 Chari, V.V. & Kehoe, Patrick J. Optimal fiscal and monetary
policy. 118p.
250 McGrattan, Ellen R. & Schmitz, James A. Explaining
cross-country income differences. 89p.
255 Azariadis, Costas, Bullard, James & Ohanian, Lee E. Complex
eigenvalues and trend-reverting fluctuations. 39p.
254 Cole, Harold L. & Kocherlakota, Narayana. Dynamic games
with hidden actions and hidden states. 14p.
253 Cole, Harold L., Mailath, George J. & Postlewaite, Andrew.
Efficient non-contractible investments. 46p.
256 Atkeson, Andrew & Kehoe, Patrick J. Paths of development
for early- and late-bloomers. 16p.
FED RESERVE BANK OF MPLS-UNIV OF MINN. Inst. for Empirical Macro.
124 Lam, Pok-sang. A Markov switching model of GNP growth with
duration dependence. 43p.
125 Mulligan, Casey B. The demand for money by firms: some
additional empirical results. 50p.
126 Mulligan, Casey B. Microfoundations and macro implications
of indivisible labor. 41p.
FEDERAL RESERVE BANK OF NEW YORK. Research & Market Analysis Group.
35 Davis, Donald R. The home market, trade, and industrial
structure. 27p.
36 Harrigan, James. Estimation of cross-country differences in
industry production functions. 47p.
34 Higgins, Matthew. Demography, national savings and
international capital flows. 39p.
31 Groschen, Erica L. & Schweitzer, Mark E. Identifying
inflation's grease and sand effects in the labor market.
49p.
37 van Wincoop, Eric. How big are potential welfare gains from
international risk sharing?. 26p.
38 Bassett, William F., Fleming, Michael J. & Rodriguez,
Anthony P. How workers use 401(k) plans: the participation,
contribution, and withdrawal decisions. 44p.
39 Estrella, Arturo & Rodrigues, Anthony P. Consistent
covariance matrix estimation in probit models with
autocorrelated errors. 23p.
PAGE 39
40 Davis, Donald R. & Weinstein, David E. Economic geography
and regional production structure: an empirical
investigation. 48p.
41 McConnell, Margaret M. & Perez-Quiros, Gabriel. Output
fluctuations in the United States: what has changed since
the early 1980s?. 32p.
43 Bartolini, Leonardo & Prati, Alessandro. Soft exchange rate
bands and speculative attacks: theory and evidence from the
ERM since August 1993. 38p.
42 Osler, C.L. Identifying noise traders: the head and
shoulders pattern in U.S. equities. 39p.
44 Connolly, Michelle P. The dual nature of trade: measuring
its impact on imitation and growth. 26p.
46 Harrigan, James. International trade and American wages in
general equilibrium, 1967-1995. 31p.
47 Kahn, James A. & Lim, Jong-Soo. Skilled labor-augmenting
technical progress in U.S. manufacturing. 35p.
49 Bennett, Paul, Peach, Richard & Peristiani, Stavros.
Implied mortgage refinancing thresholds. 23p.
45 Bennett, Paul, Peach, Richard & Peristiani, Stavros.
Structural change in the mortgage market and the propensity
to refinance. 22p.
52 Hamao, Yasushi, Packer, Frank & Ritter, Jay R.
Institutional affiliation and the role of venture capital:
evidence from initial public offerings in Japan. 44p.
48 Jaffe, Jeffrey F. & Mahoney, James M. The performance of
investment newsletters. 24p.
50 Morgan, Donald P. & Samolyk, Katherine A. Piggy banks:
financial intermediaries as a commitment to save. 25p.
51 Park, Sangkyun. Why did thrift goodwill matter in 1989?.
36p.
FEDERAL RESERVE BANK OF PHILADELPHIA. Economic Research Division.
9727 Eudey, Gwen. Diagnostic evaluation of the real business
cycle model with factor hoarding. 23p.
9728 Sill, Keith. Regional employment dynamics. 26p.
98-1 Westley, Glenn D. & Shaffer, Sherrill. Credit union
policies and performance in Latin America. 30p.
98-4 Crone, Theodore M. & Voith, Richard P. Risk and return
within the single-family housing market. 22p.
9803 Hughes, Joseph P. Measuring efficiency when market prices
are subject to adverse selection. 28p.
9802 Hughes, Joseph P., et al. Measuring the efficiency of
capital allocation in commercial banking. 22p.
98-6 Chatterjee, Satyajit & Carlino, Gerald. Aggregate
employment growth and the deconcentration of metropolitan
employment. 39p.
98-5 Nakamura, Leonard I. The measurement of retail output and
the retail revolution. 32p.
98-7 Voith, Richard. Transportation investments in the
Philadelphia metropolitan area: who benefits? who pays? what
are consequences?. 35p.
98-8 Wright, Randall. A note on purifying mixed strategy
equilibria in the search-theoretic model of fiat money.
13p.
PAGE 40
98-9 Burdett, Kenneth, Shi, Shouyoung & Wright, Randall. Pricing
with frictions. 28p.
9810 Hughes, Joseph P., et al. The dollars and sense of bank
consolidation. 37p.
9813 Ball, Laurence & Croushore, Dean. Expectations and the
effects of monetary policy. 21p.
9811 Carlino, Gerald & Sill, Keith. The cyclical behavior of
regional per capita incomes in the postwar period. 29p.
9815 Ceglowski, Janet. Has the border narrowed?. 25p.
9816 Ceglowski, Janet. Regionalization and home bias: the case
of Canada. 26p.
9814 Croushore, Dean. Evaluating inflation forecasts. 36p.
9812 Stark, Tom. A Bayesian vector error corrections model of
the U.S. economy. 56p.
9817 Carlino, Gerald A. & DeFina, Robert. Monetary policy and
the U.S. states and regions: some implications for European
Monetary Union. 30p.
9818 Cummins, J. David, Tennyson, Sharon & Weiss, Mary A.
Consolidation and efficiency in the U.S. life insurance
industry. 41p.
9822 Berlin, Mitchell & Mester, Loretta J. Deposits and
relationship lending. 44p.
9819 Cummins, J. David, Weiss, Mary A. & Zi, Hongmin.
Organizational form and efficiency: an analysis of stock and
mutual property liability insurers. 41p.
9820 Cummins, J. David, Grace, Martin F. & Phillips, Richard D.
Regulatory solvency prediction in property-liability
insurance: risk-based capital, audit ratios, and cash flow
sim. 52p.
FEDERAL RESERVE BOARD. Finance & Economics Discussion Series.
9801 Bomfin, Antulio N. & Rudebusch, Glenn D. Opportunistic and
deliberate disinflation under imperfect credibility. 23p.
9804 Fenn, George W. & Liang, Nellie. Good news and bad news
about share repurchases. 27p.
9802 Kim, Jinill. Monetary policy in a stochastic equilibrium
model with real and nominal rigidities. 59p.
9803 Orphanides, Athanasios. Monetary policy rules based on
real-time data. 40p.
9759 Whitesell, William. Interest rates and M2 in an error
correction macro model. 35p.
9812 Coronado, Julia Lynn. The effects of social security
privatization on household saving: evidence from the Chilean
experience. 33p.
9806 David, Alexander. Pricing the strategic value of poison put
bonds. 49p.
9809 Elmendorf, Douglas W. & Mankiw, N. Gregory. Government
debt. 71p.
9805 French, Mark W. Cleaning up the errors in the monthly
"Employment Situation" report: a multivariate state space
approach. 16p.
9808 Haller, Hans & Lengwiler, Yvan. A discrete model of
discriminatory price auctions: an alternative to Menezes -
Monteiro. 15p.
PAGE 41
9811 Heller, Daniel & Lengwiler, Yvan. The auctions of Swiss
government bonds: should the Treasury price discriminate or
not?. 14p.
9807 Hynes, Richard & Berkowitz, Jeremy. Bankruptcy exemptions
and the market for mortgage loans. 41p.
9810 Kupiec, Paul H. & O'Brien, James M. Deposit insurance, bank
incentives, and the design of regulatory policy. 49p.
9814 Burke, Jim. Divestiture as an antitrust remedy in bank
mergers. 23p.
9813 Schnure, Calvin. Who holds cash? And why?. 26p.
9815 Berger, Allen N. & Udell, Gregory F. The economics of small
business finance: the roles of private equity and debt
markets in the financial growth cycle. 68p.
9816 Fallick, Bruce C. Part-time work and industry growth. 19p.
9818 Gordy, Michael B. A generalization of generalized beta
distributions. 27p.
9817 Sack, Brian. Does the Fed act gradually?: a VAR analysis.
31p.
FEDERAL RESERVE BOARD. International Finance Papers.
602 Freund, Caroline L. Regionalism and permanent division.
41p.
600 Gibson, Michael S. & Boyer, Brian H. Evaluating forecasts
of correlation using option pricing. 45p.
601 Henderson, Dale W. & Kim, Jinill. The choice of a monetary
policy reaction function in a simple optimizing model. 43p.
599 Robitaille, Patrice. Private payments sytems in historical
perspective: the Banco Central system of Mexico. 42p.
603 Kamin, Steven B. A multi-country comparison of the linkages
between inflation and exchange rate competitiveness. 24p.
606 Edison, Hali J., Luangaram, Pongsak & Miller, Marcus. Asset
bubbles, domino effects and `lifeboats': elements of the
East Asian crisis. 33p.
607 Edison, Hali J. & Marquez, Jaime. U.S. monetary policy and
econometric modeling: tales from the FOMC transcripts,
1984-1991. 25p.
605 Faust, Jon & Svensson, Lars E.O. Transparency and
credibility: monetary policy with unobservable goals. 41p.
604 Fernald, John, Edison, Hali & Loungani, Prakash. Was China
the first domino?: assessing links between China and the
rest of emerging Asia. 46p.
608 Brunner, Allan D. El Nino and world primary commodity
prices: warm water or hot air?. 24p.
611 Kamin, Steven B. & Klau, Marc. Some multi-country evidence
on the effects of real exchange rates on output. 16p.
FEDERAL TRADE COMMISSION. Bureau of Economics.
217 Ashenfelter, Orley, et al. Identifying the firm-specific
cost pass-through rate. 21p.
216 Simpson, John David & Hosken, Daniel. Are retailing mergers
anticompetitive?: an event study analysis. 35p.
218 Sacher, Seth & Silvia, Louis. Physician networks,
integration and efficiency. 25p.
PAGE 42
219 Wilson, Bart J. & Reynolds, Stanley S. Price movements over
the business cycle in U.S. manufacturing industries. 53p.
220 Thomas, Charles J. The competitive effects of mergers
between asymmetric firms. 27p.
HARVARD UNIVERSITY. Institute of Economic Research.
1813 Baliga, Sandeep & Sjostrom, Tomas. Durable cheap talk
equilibria. 16p.
1815 DiPasquale, Denise & Glaeser, Edward L. Incentives and
social capital: are homeowners better citizens?. 42p.
1812 Ghatak, Maitreesh, Morelli, Massimo & Sjostrom, Tomas.
General equilibrium incentives and the American dream. 37p.
1814 Glaeser, Edward L. Learning in cities. 23p.
1810 Lee, Tung-Jean & Caves, Richard E. Uncertain outcomes of
foreign investment: determinants of the dispersion of
profits after large acquisitions. 30p.
1801 Maskin, Eric, Qian, Yingyi & Xu, Chenggang. Incentives,
scale economies, and organizational form. 38p.
1811 Schultz, Christian & Sjostrom, Tomas. Elections, public
debt and migration. 23p.
1821 Cragg, Michael I. & Kahn, Matthew E. Migration's role in
regional adjustment: city level evidence of spatial
arbitrage. 30p.
1817 Ellison, Glenn & Fudenberg, Drew. Learning purified mixed
equilibria. 36p.
1820 Elmendorf, Douglas & Mankiw, N. Gregory. Government debt.
91p.
1818 Foote, Christopher L. Trend employment growth and the
bunching of job creation and destruction. 26p.
1819 Foote, Christopher, Whatley, Warren C. & Wright, Gavin.
Arbitraging a discriminatory labor market: black workers at
the Ford Motor Company, 1918-1947. 45p.
1816 Hart, Oliver & Moore, John. Cooperatives vs. outside
ownership. 52p.
1835 Campbell, John Y. & Viceira, Luis M. Consumption and
portfolio decisions when expected returns are time varying.
59p.
1834 DiPasquale, Denise & Kahn, Matthew E. Measuring
neighborhood investments: an examination of community
choice. 37p.
1823 Glaeser, Edward L. Cities and ethics: an essay for Jane
Jacobs. 26p.
1822 Glaeser, Edward L. & Glendon, Spencer. Who owns guns?:
criminals, victims and the culture of violence. 15p.
1830 Gompers, Paul A. & Metrick, Andrew. How are large
institutions different from other investors?: why do these
differences matter?. 50p.
1833 Helpman, Elhanan & Rangel, Antonio. Adjusting to a new
technology: experience and training. 43p.
1828 Kahn, Matthew E. The silver lining of rust belt
manufacturing decline. 24p.
1826 Lane, Philip & Tornell, Aaron. Why aren't savings rates in
Latin America procyclical?. 25p.
PAGE 43
1829 Maskin, Eric. Nash equilibrium and welfare optimality.
34p.
1825 Medrano, Luis Angel & Vives, Xavier. Strategic behavior and
price discovery. 61p.
1836 Metrick, Andrew & Weitzman, Martin L. Conflicts and choices
in biodiversity preservation. 22p.
1832 Morduch, Jonathan & Sicular, Terry. Politics, growth, and
inequality in rural China: does it pay to join the party?.
32p.
1831 Morduch, Jonathan & Sicular, Terry. Rethinking inequality
decomposition, with evidence from rural China. 33p.
1827 Tornell, Aaron. Reform from within. 49p.
1824 Vives, Xavier. Information aggregation, strategic behavior,
and efficiency. 30p.
1837 Helpman, Elhanan & Persson, Torsten. Lobbying and
legislative bargaining. 46p.
1838 Jun, Byoung & Vives, Xavier. Dynamic price competition and
Stackelberg warfare. 48p.
1840 La Porta, Rafael, Lopez-de-Silanes, Florencio & Shleifer,
Andrei. Corporate ownership around the world. 58p.
1839 La Porta, Rafael, et al. Agency problems and dividend
policies around the world. 39p.
1841 Shleifer, Andrei. State versus private ownership. 33p.
1843 Weitzman, Martin L. Gamma discounting. 29p.
1842 Williamson, Jeffrey G. Real wages and relative factor
prices in the Third World 1820-1940: the Mediterranean
Basin. 65p.
1851 Berndt, Ernst R., et al. Price indexes for medical care
goods and services: an overview of measurement issues. 64p.
1849 Davis, Donald R. & Weinstein, David E. An account of global
factor trade. 74p.
1850 Davis, Donald R. & Weinstein, David E. Market access,
economic geography and comparative advantage: an empirical
assessment. 60p.
1854 Dorfman, Robert. Modernizing Bohm-Bawerk's theory of
interest (version 3.0). 30p.
1856 Gallup, John L., Sachs, Jeffrey D. & Mellinger, Andrew D.
Geography and economic development. 57p.
1852 Glaeser, Edward L. & Shleifer, Andrei. Not-for-profit
entrepreneurs. 28p.
1846 Hart, Oliver & Moore, John. Foundations of incomplete
contracts. 48p.
1848 Helpman, Elhanan. The structure of foreign trade. 40p.
1847 La Porta, Rafael, et al. The quality of government. 61p.
1845 Weitzman, Martin L. The linearized Hamiltonian as
comprehensive NDP. 26p.
1855 Williamson, Jeffrey G. Real wages & relative factor prices
in the Third World before 1940: what do they tell us about
the sources of growt. 40p.
1844 Williamson, Jeffrey G. Real wages and relative factor
prices in the Third World 1820-1940: Asia. 11p.
1853 Williamson, Jeffrey G. Real wages and relative factor
prices in the Third World 1820-1940: Latin America. 96p.
HARVARD UNIVERSITY. Inst. for Econ Research-Econ Theory Papers.
6 Maskin, Eric S. Auctions and privatization. 32p.
PAGE 44
16 Maskin, Eric S. Majority rule, social welfare functions,
and game forms. 16p.
HEBREW UNIV. Center for Rationality & Interactive Decision Theory.
162 Neyman, Abraham. Cooperation in repeated games when the
number of stages is not commonly known. 26p.
161 Neyman, Abraham. Finitely repeated games with finite
automata. 69p.
160 Solan, Eilon. Stochastic games with 2 non-absorbing states.
26p.
159 Winter, Eyal & Zamir, Shmuel. An experiment with ultimatum
bargaining in a changing environment. 39p.
163 Bar-Hillel, Maya, Bar-Natan, Dror & McKay, Brendan. The
Torah codes: puzzle and solution. 18p.
164 Bergman, Yaacov Z. General restrictions on prices of
financial derivatives written on underlying diffusions.
39p.
166 Hart, Sergiu & Mas-Colell, Andreu. A simple adaptive
procedure leading to correlated equilibrium. 58p.
165 Wiener, Zvi & Winter, Eyal. Gradual Nash bargaining. 54p.
170 Barbera, Salvador, Maschler, Michael & Shalev, Jonathan.
Voting for voters: a model of electoral evolution. 48p.
167 Haimanko, Ori. Non-symmetric values of finite games. 29p.
168 Haimanko, Ori. Non-symmetric values of non-atomic and mixed
games. 32p.
169 Haimanko, Ori. Partially symmetric values. 21p.
171 Leviatan, Sigal. Consistent values and the core in
continuum market games with two types. 33p.
172 Goubitz, Shirranka, Keaser, Tamar & Shmida, Avi.
Age-related flower sampling in bumble bees: a survey of
unsuccessful foragers. 9p.
173 Neyman, Abraham & Okada, Daijiro. Two-person repeated games
with finite automata. 33p.
177 Blarer, Albert, Keaser, Tamar & Shmida, Avi. Does learning
of flower size by foraging bumblebees involve concept
formation?. 10p.
176 Keaser, Tamar, Fershtman, Inbal & Shmida, Avi. Learning
performance of foraging bees during manipulation of
inter-visit time intervals. 10p.
179 Simon, Robert S., Spiez, Stanislaw & Torunczyk, Henryk.
Equilibria in games with information which is non-standard
and incomplete on one side. 15p.
175 Solan, Eilon. Extensive-form correlated equilibria. 22p.
178 Sunstein, Cass R. & Ullmann-Margalit, Edna. Second-order
decisions. 48p.
174 Ullmann-Margalit, Edna. On not wanting to know. 20p.
180 Aumann, Robert & Guth, Werner. Species survival and
evolutionary stability in sustainable habitats: the concept
of ecological stability. 14p.
184 Bornstein, Gary & Gneezy, Uri. Price competition between
teams. 23p.
182 Kalai, Gil, McKay, Brendan & Bar-Hillel, Maya. The two
famous rabbis experiments: how similar is too similar?.
17p.
PAGE 45
185 Keiding, Hans & Peleg, Bezalel. Correlated equilibria of
games with many players. 13p.
183 Neyman, Abraham. Values of non-atomic vector measure games.
27p.
181 Perry, Motty, Wolfstetter, Elmer & Zamir, Shmuel. A
sealed-bid auction that matches the English auction. 9p.
HEBREW UNIVERSITY. Department of Economics.
1 Ber, Hevda, Yafeh, Yishay & Yosha, Oved. Conflict of
interest in universal banking: evidence from the post-issue
performance of IPO firms. 33p.
2 Galor, Oded & Weil, David N. Population, technology, and
growth: from the Malthusian regime to the demographic
transition. 50p.
4 Sussman, Nathan & Yafeh, Yishay. Institutions, economic
growth and country risk: evidence from Japanese government
debt in the Meiji period. 44p.
3 Rubinstein, Yona & Sussman, Nathan. The Gibson paradox: a
contradiction of the Fisher equation or a liquidity effect?.
44p.
HEBREW UNIVERSITY. Landau Center for Research in Math Analysis.
6 Kifer, Yuri. Game options. 24p.
10 Peleg, Bezalel & Sudholter, Peter. The positive prekernel
of a cooperative game. 22p.
2 Peleg, Bezalel & Sudholter, Peter. Single-peakedness and
coalition-proofness. 9p.
1 Zippin, M. Almost locally minimal projections in finite
dimensional Banach spaces. 17p.
21 Kifer, Yuri. "Random" random matrix products. 50p.
HITOTSUBASHI UNIVERSITY. Institute for Economic Research.
343 Suzumura, Kotaro. Consequences and procedural evaluations
in social welfare judgements. 18p.
341 Suzumura, Kotaro. Paretian welfare judgements and
Bergsonian social choice. 15p.
347 Elliott, Graham & Ito, Takatoshi. Heterogeneous
expectations and test of efficiency in the Yen/dollar
exchange rate market. 32p.
349 Erdos, Tibor. Crawling peg exchange rate system and the
related economic problems in Hungary. 42p.
348 Erdos, Tibor. Inflation and its main effects in the
transition period. 38p.
346 Leontieva, Elena. Enterprise reform in Russia: emerging
modern corporations and the problem of corporate governance.
37p.
345 Tsuda, Hiroshi & Kariya, Takeaki. Modeling individual U.S.
t-bond prices. 18p.
353 Hosono, Kaoru. R & D expenditure and the choice between
private and public debt: do Japanese main banks extract
firms' rents?. 37p.
PAGE 46
350 Kariya, Takeaki & Kurata, Hiroshi. A maximal extension of
the Gauss-Markov theorem and its nonlinear version. 13p.
354 Mako, Csaba. Foreign direct investment and restructuring
business organisations in Central Eastern Europe. 37p.
HOOVER INSTITUTION. Domestic Studies Program.
97-2 Moore, Thomas Gale. A reformulation of utility theory: or
it all comes from sex. 42p.
97-3 Palacios-Huerta, Ignacio. The pricing of human capital and
financial assets. 47p.
97-1 Reiss, Peter C. & Werner, Ingrid M. Interdealer trading:
evidence from London. 54p.
UNIVERSITY OF ICELAND. Faculty of Economics & Business Admin.
9710 Arnason, Ragnar. Developments in ocean fisheries
management: implications for the volume and quality of fish
supply. 19p.
9711 Gylfason, Thorvaldur. Prospects for liberalization of trade
in agriculture. 19p.
9712 Gylfason, Thorvaldur, Herbertsson, Tryggvi Thor & Zoega,
Gylfi. A mixed blessing: natural resources and economic
growth. 33p.
9802 Clements, Leianne A. What is behind the U.S.-Japanese trade
imbalance?: just the facts on the commodity of U.S. Japanese
trade. 63p.
9801 Clements, Leianne A. & Breuer, Janice B. Will dollar
depreciation improve the U.S.-Japanese trade deficit?: a
disaggregated study. 31p.
9803 Herbertsson, Tryggvi Thor. Accounting for human capital
externalities with an application to the Nordic countries.
18p.
9804 Magnusson, Gylfi. Internal and external migration in
Iceland 1960-94: a structural model, government policies &
welfare implications. 90p.
9713 Orszag, J. Michael, Phelps, Edmund & Zoega, Gylfi.
Education and the natural rate of unemployment. 19p.
9805 Gylfason, Thorvaldur, Herbertsson, Tryggvi Thor & Zoega,
Gylfi. Ownership and growth. 22p.
9806 Petursson, Thorarinn G. Explaining the term structure: the
expectations hypothesis and time varying term premia. 21p.
9807 Petursson, Thorarinn G. The representative household's
demand for money in a cointegrated VAR model. 28p.
INSTITUT NATIONAL DE LA STATISTIQUE ET DES ETUDES ECONOMIQUES.
9735 Abowd, J.M., Crepon, B. & Kramarz, F. Moment estimation
with attrition. 27p.
9733 Clement, E., Gourieroux, C. & Monfort, A. Econometric
specification of the risk neutral valuation model. 35p.
9738 Combes, P.P. Economic structure and local growth: an
econometric study of France, 1984-1993. 29p.
9736 Darolles, S. & Gourieroux, C. Truncated dynamics and
estimation of diffusion equations. 34p.
PAGE 47
9740 Francq, C. & Zakoian, J.M. Estimating weak GARCH
representations. 39p.
9739 Jullien, B. & Salanie, B. Estimating preferences under
risk: the case of racetrack bettors. 36p.
9731 Lambert, S. & Magnac, T. Implicit prices and recursivity of
agricultural households' decisions. 32p.
9737 Souam, S. Optimal antitrust policy under different regimes
of fines. 25p.
9741 Bizid, A., Jouini, E. & Koehl, P.F. Pricing in incomplete
markets: an equilibrium approach. 18p.
9751 Bizid, A., Jouini, E. & Koehl, P.F. Pricing of
non-redundant derivatives in a complete market. 18p.
9748 Boizot, C., Robin, J.M. & Visser, M. The demand for food
products: an analysis of interpurchase times and purchased
quantities. 31p.
9745 Fougere, D., et al. An econometric analysis of household
portfolio allocation. 35p.
9743 Frachot, A. How to stabilize financial markets before EMU?.
18p.
9746 Ghysels, E., Gourieroux, C. & Jasiak, J. Stochastic
volatility duration models. 37p.
9750 Gourieroux, C. & Scaillet, O. Multiregime term structure
models. 28p.
9749 Guegan, D. & Lisi, F. Predictive dimension: an alternative
definition of the embedding dimension. 16p.
9742 Guerre, E. Design adapative pointwise nearest neighbor
regression. 19p.
9753 Henry, M. Semiparametric frequency domain estimation for
time series with conditional heteroscedasticity. 34p.
9744 Jouini, E., Koehl, P.F. & Touzi, N. Optimal investment with
taxes: an optimal control problem with endogenous delay.
36p.
9752 Koehl, P.F. & Pham, H. Sublinear price functionals under
portfolio constraints. 11p.
9747 Magnac, T. State dependence and heterogeneity in youth
employment histories. 45p.
9757 Carassus, L., Pham, H. & Touzi, N. Arbitrage and
super-replication cost with convex constraints. 24p.
9754 Darolles, S. & Laurent, J.P. Approximating payoffs and
approximating pricing formulas. 26p.
9755 Hosken, D.S. & Margolis, D.N. The efficiency of collective
bargaining in public schools. 33p.
9803 Bosq, D., Guegan, D. & Leorat, G. Statistical estimation of
the embedding dimension of a dynamic system. 26p.
9756 Burgayran, E. & Darolles, S. Nonparametric estimation of a
diffusion equation from tick observations. 31p.
9802 Guegan, D. & Tschernig, R. Prediction of chaotic time
series in the presence of measurement error: the importance
of initial conditions. 16p.
9760 Pastorello, S., Renault, E. & Touzi, N. Statistical
inference for random variance option pricing. 23p.
9807 Baraud, Yannick, Comte, Fabianne & Viennet, Gabrielle.
Adaptive estimation in an autoregression and a geometrical
beta-mixing regression framework. 34p.
PAGE 48
9814 Boyer, Cecile & Le Fol, Gaelle. Temps aleatoire et
dynamique du Carnet d'ordres. 36p.
9811 Chamley, Christophe. Capital income taxation, wealth
distribution and borrowing constraints. 27p.
9809 Chamley, Christophe. Social learning, delays, and multiple
equilibria. 43p.
9810 Garcia, Rene & Renault, Eric. Risk aversion, intertemporal
substitution, and option pricing. 47p.
9815 Gourieroux, Christian & Le Fol, Gaelle. Matching procedures
and market characteristics. 36p.
9808 Gruet, Marie Anne, Philippe, Anne & Robert, Christian P.
MCMC control spreadsheets for exponential mixture
estimation. 17p.
9806 Guerre, Emmanuel & Maes, Jules. Optimal rate for
nonparametric estimation in deterministic dynamical systems.
20p.
9812 Jullien, Bruno, Salanie, Bernard & Salanie, Francois.
Should more risk-averse agents exert more effort?. 12p.
9804 Margolis, David N. & Viala, Pascale. Wage concessions and
debt forgiveness as strategic responses to financial
distress. 33p.
9813 Menneteau, Ludovic. Functional law of the iterated
logarithm for Kiefer processes. 28p.
9805 Robert, Christian P., Ryden, Tobias & Titterington, D.M.
Convergence controls for MCMC algorithms with applications
to hidden Markov chains. 22p.
9821 Billio, M., Monfort, A. & Robert, C.P. The simulated
likelihood ratio (SLR) method. 37p.
9819 Butucea, C. The adaptive rate of convergence in a problem
of pointwise density estimation. 8p.
9818 Butucea, C. Exact adaptive pointwise estimation on Sobolev
classes of densities. 35p.
9820 Dauxois, Jean Yves. A new method for proving weak
convergence results applied to Hjort's nonparametric Bayes
estimators. 15p.
9824 Dionne, G., Gourieroux, C. & Vanasse, C. Evidence of
adverse selection in automobile insurance markets. 39p.
9825 Gourieroux, C. & Jasiak, J. Truncated maximum likelihood,
and nonparametric tail analysis. 38p.
9816 Guihenneuc-Jouyaux, Chantal, Mengersen, Kerrie L. & Robert,
Christian P. Markov Chain Monte Carlo (MCMC) convergence
diagnostics: a review. 42p.
9822 Magnac, T. & Visser, M. Transition models with measurement
errors. 24p.
9823 Pons, O. & Visser, M. Non-stationary Cox regression. 29p.
9817 Robert, Christian P. MCMC specifics of latent variable
models. 24p.
9827 Degenne, A., Lebeaux, M.O. & Lemel, Y. Social capital in
everyday life. 28p.
9826 Forse, M. & Lemel, Y. Occupational, educational and
economic position status consistency trends in France,
Germany and the USA. 19p.
9829 Jouni, E. & Napp, C. Arbitrage and investment
opportunities. 45p.
PAGE 49
9828 Jouini, E., Kallal, H. & Napp, C. Arbitrage pricing of
derivatives with bounds on the underlying securities. 22p.
9830 Jouini, E. & Napp, C. Continuous time equilibrium pricing
of nonredundant assets. 33p.
9831 Jouini, E. & Kallal, H. Efficient trading strategies in the
presence of market frictions. 44p.
9832 Melitz, J. English-language dominance, literature and
welfare. 41p.
9833 Crepon, B., Duguet, E. & Mairesse, J. Research, innovation
and productivity: an econometric analysis at the firm level.
42p.
9836 Fougere, D., Pradel, J. & Roger, M. The influence of the
state employment service on the search effort and on the
probability of leaving unemployment. 43p.
9837 Ghysels, E. & Guay, A. Structural change tests for
simulated method of moments. 23p.
9834 Gourieroux, C. & Monfort, A. The econometrics of efficient
frontiers. 53p.
9835 Hobert, J.P., Robert, C.P. & Titterington, D.M. One perfect
simulation for some mixtures of distributions. 16p.
INSTITUTO TECNOLOGICO AUTONOMO DE MEXICO. Centro de Invest. Econ.
9802 Huggett, Mark & Ospina, Sandra. On aggregate precautionary
saving: when is the third derivative irrelevant?. 25p.
9801 Huggett, Mark & Ventura, Gustavo. On the distributional
effects of social security reform. 44p.
9805 Johnson, Phillip, Levine, David K & Pesendorfer, Wolfgang.
Evolution and information in a prisoner's dilemma game.
35p.
9804 Santos, Manuel. Numerical solution of dynamic economic
models. 91p.
9803 Sharma, Tridib. Robustness in contracts: inferring
strategies from past play. 26p.
9809 Antinolfi, Gaetano & Huybens, Elisabeth. On domestic
financial market frictions, unrestricted international
capital flows, and crises in small open economie. 56p.
9807 Marcet, Albert, Obiols-Homs, Francesc & Weil, Philippe.
Incomplete markets, labor supply and capital accumulation.
38p.
9806 Lobato, Ignacio N. & Velasco, Carlos. Long memory in stock
market trading volume. 63p.
9808 Pratap, Sangeeta & Rendon, Silvio. Firm investment under
imperfect capital markets: a structural estimation. 42p.
UNIVERSITY OF IOWA. Department of Economics.
9719 Aiyagari, S. Rao & Williamson, Stephen D. Money and dynamic
credit arrangements with private information. 44p.
9720 Aiyagari, S. Rao & Williamson, Stephen D. Money, credit,
and allocation under complete dynamic contracts and
incomplete markets. 43p.
9718 Blume, Andreas, et al. Evolution of communication with
partial common interest. 35p.
PAGE 50
9802 Blume, Andreas, et al. Learning in sender-receiver games.
29p.
9717 Cavalcanti, Ricardo de O., Erosa, Andres & Temzelides, Ted.
Private money and reserve management in a random matching
model. 34p.
9716 Horowitz, Joel L. & Manski, Charles F. Nonparametric
analysis of randomized experiments with missing covariate
and outcome data. 34p.
9801 Ray, Surajit, Ravikumar, B. & Savin, N. Eugene. Robust Wald
tests in SUR systems with adding up restrictions: an
algebraic approach to proofs of invariance. 22p.
9721 Williamson, Stephen D. Payments systems with random
matching and private information. 36p.
9803 Camera, Gabriele & Corbae, Dean. Money and price
dispersion. 33p.
9804 Otrok, Christopher, Ravikumar, B. & Whiteman, Charles H.
Habit formation: a resolution of the equity premium puzzle?.
23p.
9806 Hardle, W. & Horowitz, Joel. Internet based econometric
computing. 11p.
9805 Horowitz, Joel L. Nonparametric estimation of a generalized
additive model with an unknown link function. 41p.
9807 Horowitz, Joel L. & Savin, N.E. Empirically relevant
critical values for hypothesis tests: the bootstrap to the
rescue. 15p.
9808 Neely, Christopher J., Roy, Amlan & Whiteman, Charles.
Identification failure in the intertemporal consumption
CAPM. 21p.
9809 Williamson, Stephen D. Private money. 33p.
9811 Blume, Andreas. Coordination and learning with a partial
language. 33p.
9810 Blume, Andreas & Gneezy, Uri. An experimental investigation
of optimal learning in coordination games. 11p.
9812 Blume, Andreas & Dieckmann, Tone. Learning to communicate
in cheap-talk games. 30p.
IOWA STATE UNIVERSITY. Department of Economics.
44 Currarini, Sergio & Marini, Marco. The core of games with
Stackleberg leaders. 19p.
43 Tesfatsion, Leigh. Gale-Shapley matching in an evolutionary
trade network game. 40p.
45 Tesfatsion, Leigh. Teaching agent-based computational
economics to graduate students. 38p.
47 Wohlgemuth, Darin, et al. The pork industry: environmental
regulations and competitiveness. 24p.
49 Ghatak, Maitreesh, Morelli, Massimo & Sjostrom, Tomas.
Dynamic incentives, occupational mobility, and the American
dream. 47p.
48 Tesfatsion, Leigh. Ex ante capacity effects in evolutionary
labor markets with adaptive search. 38p.
BANCA DE ITALIA. Research Department.
317 Drudi, F., Generale, A. & Majnoni, G. Sensitivity of value
at risk measures to different risk models. 50p.
PAGE 51
320 Samuelson, Paul A. Wherein do the European and American
models differ?. 20p.
322 Angeloni, Ignazio & Violi, Roberto. Long-term interest rate
convergence in Europe and the probability of EMU. 48p.
323 Fabiani, Silvia & Pellegrini, Guido. Education,
infrastructure, geography and growth: an empirical analysis
of the development of Italian provinces. 61p.
321 Ferri, Giovanni & Mattesini, Fabrizio. Finance, human
capital and infrastructure: an empirical investigation of
post war Italian growth. 54p.
324 Grande, Guiseppe. Properties of the monetary conditions
index. 55p.
325 Cesari, Riccardo & Panetta, Fabio. Style, fees and
performance of Italian equity funds. 73p.
328 Del Giovane, Paolo & Pozzolo, Alberto Franco. The behaviour
of the dollar and exchange rates in Europe: empirical
evidence and possible explanations. 56p.
326 Reichlin, Pietro & Siconolfi, Paolo. Adverse selection of
investment projects and the business cycle. 51p.
327 Sorensen, Bent E. & Yosha, Oved. International risk sharing
and European monetary unification. 44p.
332 Cukierman, Alex & Lippi, Francesco. Central bank
independence, centralization of wage bargaining, inflation
and unemployment: theory and evidence. 63p.
331 Pozzolo, Alberto Franco. Research and development, regional
spillovers, and the location of economic activities. 37p.
338 Altissimo, Filippo & Violante, Giovanni Luca. Nonlinear
VAR: some theory and an application to U.S. GNP and
unemployment. 55p.
336 Caselli, Paola. Fiscal considerations under fixed exchange
rates. 40p.
335 Drudi, Francesco & Prati, Alessandro. Signaling fiscal
regime sustainability. 74p.
339 Fornari, Fabio & Violi, Roberto. The probability density
function of interest rates implied in the price of options.
47p.
340 Gambacorta, Leonardo. Heterogeneous "credit channels" and
optimal monetary policy in a monetary union. 58p.
JOHNS HOPKINS UNIVERSITY. Department of Political Economy.
394 Khan, M. Ali & Sun, Yeneng. Non-cooperative games on
hyperinfinite Loeb spaces. 39p.
393 Khan, M. Ali, Rath, Kali P. & Sun, Yeneng. Pure-strategy
Nash equilibrium points in large non-anonymous games. 16p.
395 Hamilton, Bruce W. The true cost of living: 1974-1991.
44p.
396 Karni, Edi & Mongin, Philippe. On the determination of
subjective probability by choices. 28p.
398 Harrington, Joseph E. The equilibrium level of rigidity in
a hierarchy. 11p.
397 Harrington, Joseph E. Progressive ambition, electoral
selection, and the creation of ideologues. 12p.
401 Caroll, Christopher D., Rhee, Byung-Kun & Rhee, Changyong.
Does cultural origin affect saving behavior?: evidence from
immigrants. 23p.
PAGE 52
400 Chander, Parkash. International treaties on global
pollution: a dynamic time-path analysis. 16p.
399 Chander, Parkash. A stronger measure of risk aversion and a
general characterization of optimal income tax enforcement.
24p.
402 Moffitt, Robert A. & Wilhelm, Mark. Taxation and the labor
supply decisions of the affluent. 76p.
403 Karni, Edi & Safra, Zvi. Individual sense of justice: a
utility representation. 31p.
LA TROBE UNIVERSITY. Department of Economics.
9717 Banik, Shipra & Silvapulle, Param. Testing for seasonal
stabilty in unemployment series: international evidence.
24p.
9715 Prentice, David & Sibly, Hugh. The non-robustness of the
Nash-Stackelberg equilibrium. 9p.
9716 Sharma, Kishor, Jayasuriya, Sisira & Oczkowski, Edward.
Liberalization and productivity growth: the case of
manufacturing industry in Nepal. 30p.
9713 Wilson, Stuart. The determinants of inter-regional
migration in Australia. 19p.
9714 Wilson, Stuart. A model of inter-regional household
migration. 27p.
9723 Hewarathna, Ramya & Silvapulle, Param. A comparison of
Australian inflation forecasts. 28p.
9725 Hill, Railton & Hutton, Terry. Managing change in a newly
private power company, a case study: the Powercor Australia
leadership program. 12p.
9724 Rabiul Alam Beg, A.B.M., Silvapulle, Mervyn J. & Silvapulle,
Param. Testing for ARCH in the ARCH-in-mean model. 18p.
9722 Silvapulle, Paramsothy & Silvapulle, Mervyn J. Business
cycle asymmetry and the stock market. 23p.
9721 Silvapulle, Param & Choi, Jong-Seo. Testing for linear and
nonlinear Granger causality in the stock price volume
relation: Korean evidence. 33p.
9719 Yin, Xiangkang. A two-sector macroeconomic model of the
Chinese economy in transition. 21p.
9718 Yin, Xiangkang & Yin, Xianshuo. Can developing countries
benefit from strategic export promotion?. 23p.
9720 Yin, Xiangkang & Zuscovitch, Ehud. Research joint ventures
with the limitation of technology transferability. 21p.
9802 Amiti, Mary. Will labour intensive industries always locate
in labour abundant countries?. 20p.
9803 Choe, Chongwoo. Two comments on the industrial organisation
of vertically related markets. 8p.
9801 Prentice, David. A microeconomic model of a short run cost
function with unobserved heterogeneity. 33p.
UNIVERSITE DE LAUSANNE. Dept. d'Econometrie d' Econ. Politique.
9803 Holly, Alberto, et al. An econometric model of health care
utilization and health insurance in Switzerland. 12p.
9806 Mattei, Aurelio. Full-scale real tests of consumer behavior
using experimental data. 33p.
PAGE 53
9805 Neven, Damien & Von Ungern-Sternberg, Thomas. The
competitive impact of the UBS-SBC merger. 23p.
9804 Perotti, Enrico C. & Von Thadden, Ernst-Ludwig. Dominant
investors and strategic transparency. 40p.
9809 Von Thadden, Ernst-Ludwig. Asymmetric information, bank
lending and implicit contracts: the winner's curse. 16p.
LONDON SCHOOL OF ECONOMICS. Financial Markets Group.
282 Huddart, Steven, Hughes, John S. & Brunnermeier, Markus.
Disclosure requirements and stock exchange listing choice in
an international context. 40p.
281 Lotz, Christopher. Locally minimizing the credit risk.
39p.
280 Vitale, Paolo. Co-ordinated monetary and foreign exchange
intervention. 36p.
286 Burkart, Mike, Gromb, Denis & Panunzi, Fausto. Block premia
in transfers of corporate control. 36p.
283 Espenlaub, Susanne & Tonks, Ian. Post-IPO directors' sales
and reissuing activity: an empirical test of IPO signalling
models. 45p.
285 Espenlaub, Susanne, Gregory, Alan & Tonks, Ian. Testing the
robustness of long-term under-performance of U.K. initial
public offerings. 22p.
284 Schellekens, Philip. Caution and conservatism in monetary
policymaking. 42p.
290 Cerasi, Vittoria, Chizzolini, Barbara & Ivaldi, Marc. Sunk
costs and competitiveness of European banks after
deregulation. 28p.
288 Chemla, Gilles & Faure-Grimaud, Antoine. Dynamic adverse
selection and debt. 35p.
292 Dow, James & Rahi, Rohit. Informed trading, investment, and
welfare. 25p.
291 Dow, James & Rahi, Rohit. Should speculators be taxed?.
18p.
289 Nier, Erland. Managers, debt and industry equilibrium.
52p.
287 Ostergaard, Charlotte, Sorensen, Bent E. & Yosha, Oved.
Permanent income, consumption and aggregate constraints:
evidence from U.S. states. 48p.
295 Blake, David, Lehmann, Bruce N. & Timmermann, Allan. Asset
applocation dynamics and pension fund performance. 33p.
294 Blake, David, Lehmann, Bruce N. & Timmermann, Allan.
Performance clustering and incentives in the UK pension fund
industry. 23p.
293 Cerasi, Vittoria & Daltung, Sonja. Close-relationships
between banks and firms: is it good or bad?. 25p.
300 Cornelli, Francesca & Felli, Leonardo. Revenue efficiency
and change of control: the case of bankruptcy. 33p.
298 Danielsson, Jon & de Vries, Casper. Beyond the sample:
extreme quantile and probability estimation. 39p.
297 de Meza, David & Webb, David. Credit rationing may involve
excessive lending. 12p.
296 Ortalo-Magne, Francois & Rady, Sven. Housing market
fluctuations in a life-cycle economy with credit
constraints. 34p.
PAGE 54
299 Webb, David C. The impact of liquidity constraints on bank
lending policy. 33p.
301 Board, John, Vila, Anne & Wells, Stephen. Liquidity in
second tier equity markets: evidence from London's
alternative investment market (AIM). 38p.
305 Bolton, Patrick & Freixas, Xavier. A dilution cost approach
to financial intermediation and securities markets. 43p.
302 Lunde, Asger, Timmermann, Allan & Blake, David. The hazards
of mutual fund underperformance: a Cox regression analysis.
39p.
304 Sullivan, Ryan, Timmerman, ALlan & White, Halbert. Dangers
of data-driven inference: the case of calendar effects in
stock returns. 53p.
303 Sullivan, Ryan, Timmermann, Allan & White, Halbert.
Data-snooping, technical trading rule performance, and the
bootstrap. 64p.
LONDON SCHOOL OF ECONOMICS. Int'l. Centre for Econ & Related Disc.
346 Hart, Oliver & Moore, John. Cooperatives vs. outside
ownership. 52p.
341 Polak, Ben. Epistemic conditions for Bayesian Nash
equilibrium, and common knowledge of rationality. 26p.
347 Horsley, Anthony, Van Zandt, Timothy & Wrobel, A.J. Berge's
maximum theorem with two topologies on the action set. 11p.
355 Besley, Timothy & Pande, Rohini. Read my lips: the
political economy of information transmission. 32p.
356 Faure-Grimaud, Antoine, Laffont, Jean-Jacques & Martimort,
David. A theory of supervision with endogenous transaction
costs. 39p.
358 Hart, Oliver & Moore, John. Foundations of incomplete
contracts. 48p.
361 Anderlini, Luca & Felli, Leonardo. Costly bargaining and
renegotiation. 40p.
362 Anderlini, Luca & Felli, Leonardo. Costly Coasian
contracts. 54p.
UNIVERSITY OF LONDON-BIRKBECK COLLEGE. Department of Economics.
4/97 Atkins, Fiona & Boyd, Derick. Convergence and the
Caribbean. 23p.
6/97 Bianchi, Marco & Zoega, Gylfi. Challenges facing natural
rate theory. 15p.
20/97 Coakley, Jerry & Fuertes, Ana Maria. Threshold
autoregressive (TAR) models of European real exchange rates
1973-97. 38p.
5/97 Davies, Hugh & Peronaci, Romana. Male wages and living
arrangements: recent evidence for Britain. 33p.
7/97 Gylfason, Thorvaldur, Herbertsson, Tryggvi Thor & Zoega,
Gylfi. A mixed blessing: natural resources and economic
growth. 31p.
8/97 Hall, Stephen, Psaradakis, Zacharis & Sola, Martin.
Switching error-correction models of house prices in the
United Kingdom. 17p.
PAGE 55
16/97 Karanassou, Marika & Snower, Dennis J. How labour market
flexibility affects unemployment: long-term implications of
the chain reaction theory. 23p.
18/97 Lindbeck, Assar & Snower, Dennis J. The division of labour
within firms. 11p.
19/97 Orszag, J. Michael & Snower, Dennis J. Incapacity benefits
and employment policy. 16p.
17/97 Snower, Dennis J. The organizational revolution and its
implications for job creation. 24p.
9/97 Vitale, Giovanni. The European Monetary System: a flexible
disciplinary device. 35p.
2/98 Gylfason, Thorvaldur, Herbertsson, Tryggvi T. & Zoega,
Gylfi. Ownership and growth. 22p.
1/98 Orszag, J. Michael, Phelps, Edmund S. & Zoega, Gylfi.
Education and the natural rate of unemployment. 19p.
4/98 Bianchi, Marco, Gudmundsson, Bjorn R. & Zoega, Gylfi.
Iceland's natural experiment in supply-side economics. 20p.
5/98 Coakley, Jerry & Fuertes, Ana Maria. Nonlinearities in
excess foreign exchange returns. 18p.
3/98 Georgellis, Yannis & Wall, Howard J. Gender difference in
self-employment: panel evidence from the former West
Germany. 21p.
9/98 Coakley, Jerry & Fuertes, Ana Maria. Nonparametric
cointegration analysis of real exchange rates. 16p.
8/98 Davies, Hugh, Joshi, Heather & Peronaci, Romana. Dual and
zero earner couples in Britain: longitudinal evidence on
polarization and persistence. 34p.
6/98 Davies, Hugh, Peronaci, Romana & Joshi, Heather. The gender
wage gap and partnership. 45p.
7/98 Davies, Hugh, Joshi, Heather & Peronaci, Romana. Mrs.
Typical II: the foregone earnings of Britain's mothers in
the 1990s. 24p.
11/98 Atkins, Fiona. The impact of devaluation on output: a
Jamaican study. 16p.
12/98 Kapur, Sandeep & Rudi, Nils. Inventory choice with
transshipments. 19p.
UNIV. OF LONDON-BIRKBECK COLLEGE. Inst. for Financial Research.
37 Daripa, Arupratan. Lenders who must borrow: underinvestment
in aggregate equilibrium and the role of trade credit. 43p.
38 Hansch, Oliver, Naik, Narayan Y. & Viswanathan, S.
Preferencing internalization, best execution and dealer
profits. 46p.
36 Instefjord, Norvald, Jackson, Patricia & Perraudin, William.
Securities fraud. 41p.
46 Knight, John, Lin, Sinn-Juh & Satchell, Stephen. Modelling
volatility and correlation for tick-by-tick returns data
using trading information & buy/sell signals. 53p.
47 Spencer, Peter D. A model of perpetual bond value. 27p.
48 Christodoulakis, George A. & Satchell, Stephen E.
Correlated ARCH (CorrARCH): a new model for the time-varying
conditional correlation between financial asset return.
44p.
PAGE 56
49 Daripa, Arupratan & Varotto, Simone. Agency incentives and
soft-link regulation of market risk. 40p.
50 El Jahel, Lena, Perraudin, William & Sellin, Peter. Value
at risk for derivatives. 36p.
51 Kumar, Mohan, Moorthy, Uma & Perraudin, William. Predicting
emerging market currency crashes. 61p.
UNIVERSITY COLLEGE LONDON. Department of Economics.
9708 Araki, Kasunori & Low, Hamish. Long run equilibria:
expected waiting times with noisy selection and local
interaction. 36p.
9710 Blow, Laura & Crawford, Ian. A GARP method for overcoming
new goods bias in price indices with an application to the
U.K. national lottery. 31p.
9709 Blundell, Richard & Robin, Jean-Marc. Latent separability:
grouping goods without weak separability. 41p.
9711 Chick, Victoria. Deflation and distribution: austerity
policies in Britain in the 1920s. 31p.
9802 Carlin, Wendy, Glyn, Andrew & Van Reenen, John. Export
market performance of OECD countries: an empirical
examination of the role of cost competitiveness. 40p.
9801 Coscelli, Andrea. Are market shares in drug markets
affected by doctors' and patients' preferences for brands?.
47p.
9807 Chick, Victoria. Banks, competition, small business and the
regions in the European Union. 26p.
9804 Kruiniger, Hugo. Conditional maximum likelihood estimation
of dynamic panel data models. 42p.
9803 Pistaferri, Luigi. Superior information, income shocks and
the permanent income hypothesis. 31p.
9805 Szroeter, Jerzy. Gross non-normality and the quality of
simple approximation to the p-value of a routine test of
non-nested regressi. 76p.
9806 Verry, Donald. Some economic aspects of early childhood
education and care. 52p.
UNIVERSITE CATH. DE LOUVAIN. Ctr. for Op. Research & Econometrics.
9777 Alboth, Dirk, Lerner, Anat & Shalev, Jonathan. Auctioning
public goods to groups of agents. 32p.
9780 Bauwens, Luc, Deprins, Dominique & Vandeuren, Jean-Pierre.
Modeling interest rates with a cointegrated VAR-GARCH model.
28p.
9771 Boadway, Robin, Marchand, Maurice & Sato, Motohiro.
Subsidies versus public provision of private goods as
instruments for redistribution. 24p.
9782 Boccard, Nicolas & Wauthy, Xavier. Export restraints and
horizontal product differentiation. 17p.
9783 Boccard, Nicolas & Wauthy, Xavier. The Hotelling model with
capacity precommitment. 32p.
9778 Cordier, Cecilia, et al. bc - opt: a branch-and-cut code
for mixed integer programs. 25p.
9773 d'Aspremont, Claude, Dos Santos Ferreira, Rodolphe &
Gerard-Varet, Louis Andre. Contestability and the
indeterminacy of free entry equilibria. 22p.
PAGE 57
9775 Ghysels, Eric, et al. Nonparametric methods and option
pricing. 24p.
9779 Lejeune, Bernard. Second order pseudo-maximum likelihood
estimation and conditional variance misspecification. 39p.
9776 Patilea, Valentin & Renault, Eric. Continuously updated
extremum estimators. 46p.
9774 Shalev, Jonathan. Loss aversion equilibrium. 26p.
9772 Wauthy, Xavier & Zenou, Yves. Efficiency wages, labor
heterogeneity and the financing of the training cost. 26p.
9781 Wei, Steven X. A Bayesian approach to dynamic Tobit models.
30p.
MACQUARIE UNIVERSITY. Department of Economics.
22/97 Bryant, W.D.A. On the Aliprantis-Brown-Burkinshaw
equilibrium theorem. 10p.
19/97 Horne, Jocelyn. IMF programs in European transition
economies. 37p.
23/97 Ip, Pui Chi. Full employment policy: a macroeconomic
perspective. 17p.
20/97 O'Donnell, Rod. Keynes's socialism: conception, strategy
and espousal. 23p.
24/97 Dobbie, Michael. Hysteresis and unemployment. 52p.
1/98 Ip, Pui Chi. The role of monetary policy thirty years on.
14p.
2/98 Sharir, Shmuel. Compensating for damages with the
"dedicated-portfolio approach" and comparison with the
"discount-rate approach". 18p.
21/97 Bryant, W.D.A. Saari's critique of Adam Smith's invisible
hand and the existence of market equilibrium. 29p.
25/97 Fisher, Lance, Joyeux, Roselyne & Worner, William E.
Interest rate linkages between the French, German and USA
interest rates: econometric evidence for the `German and .
34p.
3/98 Lancaster, Geoff. An investigation into the process of
strategic marketing planning in SMEs and its attendent
problems. 21p.
26/97 Nahm, Daehoon. Incorporating the effect of new and
disappeared products into the cost of living: an alternative
index number formu. 23p.
4/98 Sharir, Shmuel. Choosing the appropriate supply of
housework equation. 11p.
5/98 Sharir, Shmuel. Employer's tastes for discrimination,
nepotism & being boss: modelling & implication for the
persistence of discrim. 17p.
7/98 Lancaster, Geoff. Towards a new methodology for strategic
marketing planning in SMEs. 15p.
8/98 Sharir, Shmuel. Nepotism, discrimination & value of owner's
ability to choose employees: issues of definitions, modeling
& persiste. 15p.
12/98 Abelson, Peter. Determining poverty. 16p.
9/98 Bryant, W.D.A. Wages, unemployment and conditions for the
existence of competitive equilibrium: socially useful
economics?. 46p.
PAGE 58
11/98 Turnell, Sean. A clearing union or a stabilising fund?:
Australian economists and the creation of the IMF. 27p.
13/98 Turnell, Sean. Eminence grise: the political economy of
F.L. McDougall. 26p.
10/98 Turnell, Sean. The quest for commodity price stability:
Australian economists and `buffer stocks'. 17p.
17/98 Fan, C. Simon & Throsby, David. The subsistence constraint
and consumption patterns in economic development: theory and
evidence from Taiwan. 17p.
15/98 Freedman, Craig. Choosing the right textbook: an agency
problem. 13p.
14/98 Freedman, Craig. The Xistence of definitional economics:
Stigler's and Leibenstein's war of the words. 21p.
18/98 Horne, Jocelyn. Searching for Schumpeter: biography in
economics. 17p.
16/98 Throsby, David & Withers, Glenn A. Individual preferences
and the demand for military expenditure. 15p.
UNIVERSITY OF MARYLAND. Center for International Economics.
39 Drazen, Allan. Political contagion in currency crises.
31p.
38 Kumhof, Michael. Balance of payments crises: the role of
short-term debt. 62p.
41 Panagariya, Arvind. Evaluating the factor-content approach
to measuring the effect of trade on wage inequality. 43p.
40 Panagariya, Arvind. The regionalism debate: an overview.
61p.
UNIVERSITY OF MARYLAND. Department of Economics.
9801 Betancourt, Roger R. & Gautschi, David A. Distribution
services and economic power in a channel. 37p.
9803 Binder, Michael, Pesaran, M. Hashem & Samiei, S. Hossein.
Analytical and numerical solution of finite-horizon
nonlinear rational expectations models. 34p.
9802 Hoff, Karla. Adverse selection and institutional
adaptation. 40p.
9804 Oates, Wallace E. Environmental federalism and European
Union: some reflections. 15p.
9805 Oates, Wallace E. On the welfare gains from fiscal
decentralization. 19p.
9806 Parry, Ian W.H. & Oates, Wallace E. Policy analysis in a
second-best world. 22p.
MASSACHUSETTS INSTITUTE OF TECHNOLOGY. Department of Economics.
9715 Acemoglu, Daron. Why do new technologies complement
skills?: directed technical change and wage inequality.
40p.
97-9 Acemoglu, Daron & Shimer, Robert. Efficient unemployment
insurance. 37p.
97-7 Acemoglu, Daron & Shimer, Robert. Efficient wage
dispersion. 46p.
PAGE 59
97-8 Acemoglu, Daron & Newman, Andrew F. The labor market and
corporate structure. 38p.
9724 Acemoglu, Daron & Pischke, Jorn-Steffen. The structure of
wages and investment in general training. 25p.
97-6 Acemoglu, Daron & Zilibotti, Fabrizio. Setting standards:
information accumulation in development. 42p.
9723 Acemoglu, Daron & Robinson, James. Why did the west extend
the franchise?: democracy, inequality and growth in
historical perspective. 33p.
9711 Athey, Susan. Single crossing properties and the existence
of pure strategy equilibria in games of incomplete
information. 51p.
97-4 Banerjee, Abhijit V. A theory of misgovernance. 62p.
9721 Bernard, Andrew & Jensen, J. Bradford. Exceptional exporter
performance: cause, effect, or both?. 31p.
9726 Bernard, Andrew & Jensen, J. Bradford. Why some firms
export. 39p.
9720 Caballero, Ricardo J. Aggregate investment. 58p.
9718 Caballero, Ricardo J. & Hammour, Mohamad L. Jobless growth:
appropriability, factor-substitution, and unemployment.
31p.
9717 Diamond, Peter. Efficiency effects of punitive damages.
38p.
9719 Diamond, Peter A. Integrating punishment and efficiency
concerns in punitive damages for reckless disregard of risks
to others. 40p.
9710 Diamond, Peter. Rationing medical care: an economist's
perspective. 26p.
9714 Ellison, Sara F. & Mullin, Walter P. Gradual incorporation
of information into stock prices: empirical strategies.
24p.
97-3 Genesove, David & Mullin, Wallace P. The Sugar Institute
learns to organize information exchange. 38p.
9712 Kraay, Aart & Ventura, Jaume. Current accounts in debtor
and creditor countries. 54p.
9716 Krueger, Alan & Pischke, Jorn-Steffen. Observations and
conjectures on the U.S. employment miracle. 40p.
9713 Repetto, Andrea & Ventura, Jaume. The Leontief-Trefler
hypothesis and factor price insensitivity. 33p.
97-2 Shimer, Robert & Smith, Lones. Assortative matching and
search. 44p.
97-1 Smith, Lones. A graphical depiction of the Rubinstein-Stahl
bargaining solution. 4p.
97-5 Smith, Lones. Time consistent optimal stopping. 3p.
9722 Smith, Lones & Sorensen, Peter. Informational herding and
optimal experimentation. 24p.
9633 Acemoglu, Daron. Good jobs versus bad jobs: theory and some
evidence. 50p.
9626 Acemoglu, Daron. Technology, unemployment and efficiency.
11p.
9632 Acemoglu, Daron & Robinson, James A. Why did the West
extend the franchise?: democracy, inequality and growth in
historical perspective. 46p.
9627 Angrist, Joshus D. Conditional independence in sample
selection models. 14p.
PAGE 60
9622 Athey, Susan. Comparative statics under uncertainty: single
crossing properties and log supermodularity. 57p.
9630 Blanchard, Olivier & Kremer, Michael. Disorganization.
36p.
9629 Blanchard, Olivier & Katz, Lawrence F. What we know and do
not know about the natural rate of unemployment. 37p.
9625 Caballero, Ricardo J. & Hammour, Mohamad L. The
macroeconomics of specificity. 46p.
9624 Ellison, Sara F., et al. Characteristics of demand for
pharmaceutical products: an examination of four
cephalosporins. 38p.
9621 Holmstrom, Bengt & Tirole, Jean. Private and public supply
of liquidity. 42p.
9623 Kremer, Michael & Maskin, Eric. Wage inequality and
segregation by skill. 61p.
9634 Moscarini, Guiseppe, Ottaviani, Marco & Smith, Lones.
Social learning in a changing world. 11p.
9628 Pischke, Jorn-Steffen. Continuous training in Germany.
34p.
9620 Smith, Lones. Do rational traders frenzy?. 41p.
9812 Acemoglu, Daron & Pischke, Jorn-Steffen. Beyond Becker:
training in imperfect labor markets. 37p.
9813 Acemoglu, Daron & Angrist, Joshua. Consequences of
employment protection?: the case of the Americans with
Disabilities Act. 47p.
9814 Acemoglu, Daron & Shimer, Robert. Holdups and efficiency
with search frictions. 26p.
98-5 Angrist, Joshua. The Palestinian labor market between the
Gulf War and autonomy. 30p.
98-7 Angrist, Joshua D. & Krueger, Alan B. Empirical strategies
in labor economics. 117p.
9802 Athey, Susan, Avery, Christopher & Zensky, Peter. Mentoring
and diversity. 38p.
9811 Caballero, Ricardo J. & Hammour, Mohamad L. Improper churn:
social costs and macroeconomic consequences. 40p.
98-1 Caballero, Ricardo J. & Engel, Eduardo M.R.A. Nonlinear
aggregate investment dynamics: theory and evidence. 55p.
9810 Ellison, Sara F. What prices can tell us about the market
for antibiotics. 28p.
98-8 Holmstrom, Bengt R. & Tirole, Jean. LAPM: a liquidity based
asset pricing model. 35p.
98-9 Kraay, Aart & Ventura, Jaume. Comparative advantage and the
cross-section of business cycles. 43p.
98-4 Moscarini, Giuseppe & Smith, Lones. Wald revisited: the
optimal level of experimentation. 36p.
98-6 Newey, Whitney K., Powell, James L. & Vella, Francis.
Nonparametric estimation of triangular simultaneous
equations models. 58p.
98-3 Wells, Robin. Information, authority and internal
governance of the firm. 42p.
UNIVERSITY OF MELBOURNE. Department of Economics.
602 Bakker, Alex & Creedy, John. Income distribution modelling
using conditional mixture distributions: New Zealand incomes
1985-1994. 17p.
PAGE 61
603 Bakker, Alex & Creedy, John. Time-varying inequality
measurement with the generalised exponential distribution.
18p.
598 Bennetton, Julia, et al. An economic evaluation of bushfire
prevention and suppression. 27p.
599 Cardak, Buly A. The importance of ability. 35p.
605 Creedy, John. The development of the theory of exchange.
45p.
601 Creedy, John. The welfare effects of indirect taxes in
Australia: some alternative reforms. 30p.
604 Creedy, John & Martin, Cameron. Carbon taxation, fuel
substitution and welfare in Australia. 27p.
597 Dowling, J. Malcolm & Worswick, Christopher. Labor market
participation of urban women in Southeast Asia by migration
status: evidence from microdata. 35p.
600 Hirokawa, Midori & Sasaki, Dan. Reexamination of
Stackelberg leadership: fixed supply contracts under demand
uncertainty. 17p.
607 Lambertini, Luca & Sasaki, Dan. Optimal punishment in
supergames with product differentiation. 15p.
606 Wu, Ping X. & Zhang, Siqi. An analysis of Chinese company
performance using EVA. 14p.
611 Creedy, John & Martin, Cameron. How large are Australia's
greenhouse gas emissions?. 11p.
609 Crosby, Mark & Olekalns, Nilss. Some long run evidence on
tax smoothing. 27p.
608 Hirokawa, Midori & Sasaki, Dan. Endogenously asynchronous
entries into an uncertain industry. 23p.
610 Sherstyuk, Katerina. Collusion without conspiracy: an
experimental study of one-sided auctions. 28p.
613 Atkinson, M.E. & Cornish, Roslyn. Participation profiles of
Australian women: longitudinal survey analysis. 34p.
612 Atkinson, M.E. & Cornish, Roslyn. Participation profiles of
Australian women: summary characteristics by occupation.
23p.
615 Bardsley, Peter & Olekalns, Nilss. Cigarette and tobacco
consumption: have anti-smoking policies made a difference?.
48p.
619 Creedy, John & Hurn, Stan. Distributional preferences and
the extended Gini measures of inequality. 23p.
616 Henry, Olan. Does the Australian dollar real exchange rate
really display mean reversion?. 25p.
620 Henry, Olan. The volatility of U.S. term structure term
premia, 1952-1991. 26p.
617 Henry, Olan & Sharma, John. Asymmetric conditional
volatility and firm size: evidence from Australian equity
portfolios. 23p.
618 Wilkins, Roger. Implicit labour contracts and firm-specific
human capital. 16p.
614 Wu, Ping X. Variance decomposition of stock returns and
dividend imputation system. 15p.
622 Alexander, Robert & King, Alan. Growth and the
balance-of-payment constraint. 29p.
623 Cardak, Buly A. Preferences over education expenditures.
37p.
PAGE 62
624 Jennings, V.E., Lloyd-Smith, C.W. & Ironmonger, D.S. A new
method in household demography. 35p.
621 Zhang, Xiao-guang, Fan, Mingtai & Yi, Weiming. Is
devaluation of the Chinese Yuan inevitable?: the impact of
East Asia's crisis on China. 16p.
629 Atkinson, M.E., Creedy, John & Knox, David M. The equity
implications of changing the tax basis for pension funds.
18p.
632 Bardsley, Peter. Dynamic addiction games. 32p.
631 Collins, Richard & Sherstyuk, Katerina. Spatial competition
with three firms: an experimental study. 38p.
633 Creedy, John. Indirect tax reform in Australia: the welfare
effects on different demographic groups. 44p.
628 Creedy, John & Gemmell, Norman. The built-in flexibility of
taxation: some basic analytics. 32p.
627 Ferrier, Gary D. & Hirschberg, Joseph G. Can we bootstrap
DEA scores?. 15p.
634 King, Stephen P. Privatization: does reality match the
rhetoric?. 22p.
625 King, Stephen & Pitchford, Rohan. Private or public?: a
taxonomy of optimal ownership and management regimes. 35p.
630 Lambertini, Luca & Sasaki, Dan. Non-negative quantity
constraints and the duration of punishment. 19p.
635 Messinis, George. Habit formation and the theory of
addiction. 39p.
626 Wen, Mei & Sasaki, Dan. Excess capacity investment:
government versus private firms. 20p.
645 Bardsley, Peter. Addiction to gambling. 9p.
649 Bodman, Philip M. & Crosby, Mark. The Australian business
cycle: Joe Palooka or dead cat bounce?. 24p.
640 Bodman, Philip M. & Crosby, Mark. Phases of the Canadian
business cycle. 26p.
641 Cagliarini, Adam & Dixon, Robert. Conditional probabilities
and other measures based on gross flows data for Australian
females. 18p.
638 Cameron, Lisa. The residency decision of elderly
Indonesians: a nested logit analysis. 34p.
636 Cameron, Lisa & Worswick, Christopher. Education
expenditure responses to crop loss in Indonesia: a gender
bias. 25p.
648 Creedy, John. Differential consumption taxes and equity:
the limits to redistribution. 18p.
647 Creedy, John. Non-uniform indirect taxation, horizontal
inequity and re-ranking. 14p.
644 Crosby, Mark. Stock returns and inflation. 15p.
646 Gangadharan, Lata & Maitra, Pushkar. Trends in natural
resource commodity prices in Australia. 31p.
639 Guest, Ross G. & McDonald, Ian M. Simulating optimal
consumption paths in a small open economy with Uzawa
preferences. 37p.
643 Hyde, Charles E. & Williams, Phillip L. `Necessary costs'
and the incentives of the English rule. 23p.
650 Olekalns, Nilss. Cyclical asymmetries in Australian
macroeconomic data. 20p.
PAGE 63
642 Stemp, Peter J. Achieving the best fiscal outcome: what
does the government need to know?. 31p.
637 van de Ven, Justin. A dynamic cohort microsimulation model.
34p.
656 Cashin, Paul, Olekalns, Nilss & Sahay, Ratna. Tax smoothing
in a financially repressed economy: evidence from India.
43p.
651 Creedy, John & Dixon, Robert. The distributional effects of
monopoly in New Zealand. 14p.
655 Henry, Olan T., Olekalns, Nilss & Summers, Peter M.
Identifying a currency crisis using threshold
autoregressions: Australia and the East Asian "meltdown".
19p.
654 Hirschberg, Joseph G. & Massoumi, Esfandiar. The
environment and the quality of life in the United States
over time. 18p.
652 Tourky, Rabee & Yannelis, Nicholas C. Markets with many
more agents than commodities. 25p.
653 Wen, Mei & King, Stephen P. Push or pull?: the relationship
between development, trade and resource endowment. 37p.
658 Creedy, John & van de Ven, Justin. The redistributive
effect of selected Australian taxes and transfers on annual
and lifetime inequality. 29p.
659 Lloyd, Peter J. & MacLaren, Donald. Measures of trade
openness using computable general equilibrium analysis.
18p.
657 van de Ven, Justin, Creedy, John & Lambert, Peter J. The
redistributive effect of taxation revisited. 17p.
MICHIGAN STATE UNIVERSITY. Department of Economics.
9702 Linz, Susan J. Depreciation and Russian corporate finance:
a pragmatic approach to surviving the transition. 27p.
9703 Neumark, David & Wascher, William. The New
Jersey-Pennsylvania minimum wage experiment: a reevaluation
using payroll records. 67p.
9800 Linz, Susan J. & Krueger, Gary. Enterprise restructuring in
Russia's transition economy: formal and informal mechanisms.
37p.
UNIVERSITY OF MINNESOTA. Center for Economic Research.
302 Huang, Kevin Xiaodong. Valuation and asset pricing in
infinite horizon sequential markets with portfolio
constraints. 39p.
UNIVERSITY OF MINNESOTA. Center for Political Economy.
96-1 Freeman, John R. A computable equilibrium model for the
study of political economy. 59p.
97-1 Mohtadi, Hamid & Roe, Terry L. Democracy, rent seeking, and
growth: is there a U curve?. 39p.
UNIVERSITY OF MINNESOTA. Economic Development Center.
98-1 Diao, X., Roe, T.L. & Yeldan, A.E. How fiscal
(mis)management may impede trade reform: lessons from an
intertemporal multi-sector general equilibrium . 31p.
PAGE 64
98-3 Kawuryan, Anna Maria Siti. Educational achievement and
sectoral transition in the Indonesian labor force. 51p.
98-4 Ruttan, Vernon W. Growth economics and development
economics: what should development economists learn (if
anything) from the new gro. 53p.
98-5 Diao, Xinshen & Roe, Terry. The effect of sequencing trade
and water market reform on interest groups in irrigated
agriculture: an intertempora. 34p.
98-6 Peterson, Willis. Monetary instability and economic growth.
30p.
MONASH UNIVERSITY. Department of Econometrics & Bus. Statistics.
1/98 Martin, Gael M. U.S. deficit sustainability: a new approach
based on multiple endogenous breaks. 28p.
14/97 Oliver, Jonathan J. & Forbes, Catherine S. Bayesian
approaches to segmenting a simple time series. 20p.
2/98 Smith, Michael, et al. Estimating long-term trends in
tropospheric ozone levels. 37p.
13/97 Smith, Michael, Mathur, Sharat K. & Kohn, Robert. Bayesian
semiparametric regression: an exposition and application to
print advertising data. 42p.
4/98 Harris, Mark N., Macquarie, Lachlan R. & Siouclis, Anthony
J. A comparison of alternative estimators for binary panel
probit models. 19p.
6/98 Laskar, Mizan R. & King, Maxwell L. Comparisons of
estimators and tests based on modified likelihood and
message length functions. 34p.
5/98 Laskar, Mizan R. & King, Maxwell L. Modified likelihood and
related methods for handling nuisance parameters in the
linear regression models. 37p.
3/98 Shami, Roland G. & Snyder, Ralph D. Exponential smoothing
methods of forecasting and general ARMA time series
representations. 13p.
7/98 Smith, Michael & Kohn, Robert. Nonparametric seemingly
unrelated regression. 31p.
8/98 Wong, Gary K.K. A new approach to model GNP functions: an
application of non-separable two stage technologies. 33p.
16/98 Bashtannyk, David M. & Hyndman, Rob J. Bandwidth selection
for kernel conditional density estimation. 21p.
10/98 Bollen, Bernard & Inder, Brett. A general volatility
framework and the generalised historical volatility
estimator. 41p.
12/98 Fraccaro, Richard, Hyndman, Rob & Veevers, Alan. Residual
diagnostic plots for checking for model mis-specification in
time series regression. 21p.
15/98 Hossain, Md. Zakir & King, Maxwell L. Model selection when
a key parameter is constrained to be in an interval. 25p.
11/98 Laskar, Mizan R. & King, Maxwell L. Comparison of
estimators and tests based on modified likelihood and
message length functions. 28p.
14/98 Nahar, Syfun & Inder, Brett. Testing convergence in
economic growth for OECD countries. 31p.
13/98 Snyder, Ralph D., Koehler, Anne B. & Ord, J. Keith. Lead
time demand for simple exponential smoothing. 11p.
PAGE 65
9/98 Strachan, Rodney W. Bayesian estimation of the reduced rank
regression model without ordering restrictions. 46p.
MONASH UNIVERSITY. Department of Economics.
24/97 Aoki, Koji. Japan's manufacturing foreign direct investment
towards East Asian countries: an empirical analysis. 41p.
20/97 Bingley, Paul & Walker, Ian. Household unemployment and the
labour supply of married women. 28p.
22/97 Krueger, Anne O. Lessons for policy reform in light of the
Mexican experience. 29p.
21/97 Ng, Yew-Kwang. A case for happiness, cardinalism and
interpersonal comparability. 13p.
23/97 Prentice, David. Estimating a short run cost function for a
heterogeneous industry. 40p.
19/97 Rich, Judith. Gender, race and promotion in the U.S. civil
service: a comparative study of two cohorts of employees
entering the . 34p.
18/97 Yang, Xiaokai & Cheng, Wenli. An inframarginal analysis of
the Heckscher-Ohlin model. 23p.
1/98 Guest, Ross & McDonald, Ian. Have ASEAN current account
deficits been excessive?. 30p.
3/98 Innes, Robert & Cory, Dennis. The economics of safe
drinking water. 46p.
2/98 Laplagne, Patrick. A model of aid impact in some South
Pacific microstates. 17p.
14/97 Bidarkota, Prasad V. & McCulloch, J. Huston. Real stock
returns: non-normality, seasonality, and volatility
persistence, but no predictability. 39p.
15/97 Chand, Satish. Trade liberalisation and productivity
growth: time-series evidence from Australian manufacturing.
36p.
17/97 Haag, Jamie R. Capital market imperfections and the
regional transmission of monetary policy. 27p.
16/97 Smyth, Russell. The township & village enterprise sector as
a specific example of regionalism: some lessons for
socialist transform. 50p.
UNIVERSITE DE MONTREAL. Departement de Sciences Economiques.
9713 Abdelkhalek, Touhami & Dufour, Jean-Marie. Statistical
inference for computable general equilibrium models with
application to a model of the Morroccan econom. 41p.
9717 Benchekroun, Hassan & Gaudet, Gerard. On the profitability
of production constraints in a dynamic natural resource
oligopoly. 20p.
9716 Bonomo, Marco & Garcia, Rene. The macroeconomic effects of
infrequent information with adjustment costs. 28p.
9715 Bonomo, Marco & Garcia, Rene. Tests of conditional asset
pricing models in the Brazilian stock market. 30p.
9801 Garcia, Rene & Renault, Eric. Risk aversion, intertemporal
substitution, and option pricing. 52p.
9718 Gaudet, Gerard, Moreaux, Michel & Salant, Stephen W.
Intertemporal and spatial depletion of landfills. 30p.
PAGE 66
9704 Gaudet, Gerard, Moreaux, Michel & Salant, Stephen W.
Private storage of common property. 36p.
9711 Hege, Ulrich & Viala, Pascale. Contentious contracts. 39p.
9802 Hotte, Louis & Winer, Stanley L. Political influence,
economic interests and endogenous tax structure in a CGE
framework w/ application to the U.S.. 55p.
9705 Levy-Garboua, Louis & Montmarquette, Claude. Reported job
satisfaction: what does it mean?. 30p.
9703 Loranger, Jean-Guy. The wage rate and the profit rate in
the price of production equation: a new solution to an old
problem. 16p.
9719 Montmarquette, Claude, Cannings, Kathy & Mahseredjian,
Sophie. How do young people choose college majors?. 29p.
9709 Ng, Serena & Ruge-Murcia, Francisco J. Explaining the
persistence of commodity prices. 27p.
9712 Ruge-Murcia, Francisco J. Credibility and signaling in
disinflation: a cross country examination. 42p.
9707 Ruge-Murcia, Francisco J. Heterodox inflation stabilization
in Argentina, Brazil, and Israel: a historical review & some
stylized facts. 26p.
9803 Ruge-Murcia, Francisco J. Uncovering financial markets
beliefs about inflation targets. 37p.
9710 Sprumont, Yves. Cooperative or noncooperative behavior?.
10p.
9702 Sprumont, Yves. A note on ordinally equivalent Pareto
surfaces. 12p.
UNIVERSITY OF MUNICH. Center for Economic Studies.
144 Alvarez, Luis H.R. & Kanniainen, Vesa. Valuation of
irreversible entry options under uncertainty and taxation.
18p.
147 Apps, Patricia F. & Rees, Ray. Individual vs. joint
taxation in models with household production. 12p.
146 Apps, Patricia F. & Rees, Ray. On the taxation of trade
within and between households. 24p.
145 Apps, Patricis F. & Rees, Ray. The optimal taxation of
couples. 23p.
139 Dixit, Avinash & Olson, Mancur. Does voluntary
participation undermine the Coase Theorem?. 31p.
143 Koskela, Erkki & Schob, Ronnie. Payroll taxes vs. wage
taxes: non-equivalence results. 10p.
140 Lichtenberg, Frank R. The allocation of publicy-funded
biomedical research. 27p.
142 Sandmo, Agnar. Redistribution and the marginal cost of
public funds. 19p.
141 Sinn, Hans-Werner. The value of children and immigrants in
a pay-as-you-go pension system: a proposal for a partial
transition to a fu. 23p.
148 Bradford, David F. Transition to and tax rate flexibility
in a cash-flow type tax. 35p.
155 Kose, M. Ayhan & Riezman, Raymond. External shocks and
economic dynamics: the case of African countries. 30p.
151 Koskela, Erkki, Schob, Ronnie & Sinn, Hans-Werner.
Pollution, factor taxation and unemployment. 24p.
PAGE 67
150 Kuran, Timur. Ethnic norms and their transformation through
reputational cascades. 37p.
152 Schjelderup, Guttorm & Weichenrieder, Alfons J. Trade,
multinationals, and transfer pricing regulations. 24p.
153 Sinn, Hans-Werner. European integration and the future of
the welfare state. 18p.
154 Sinn, Hans-Werner. The pay-as-you-go pension system as a
fertility insurance and enforcement device. 28p.
149 van Aarle, Bas & Huart, Florence. Monetary and fiscal
unification in the EU: a stylized analysis. 26p.
163 Ahsan, Syed M. & Tsigaris, Peter. The design of a
consumption tax under capital risk. 22p.
156 Asheim, Geir B. Green national accounting: why and how?.
26p.
161 Cooter, Robert. Expressive law and economics. 32p.
159 Holler, Manfred J. & Wickstrom, Bengt-Arne. The scandal
matrix: the use of scandals in the progress of society.
12p.
157 Kunst, Robert M. Unit roots, change, and decision bounds.
36p.
162 Lambert, Peter J. Horizontal inequity: some new
perspectives. 25p.
160 Noldeke, Georg & Schmidt, Klaus M. Sequential investments
and options to own. 32p.
158 Wickstrom, Bengt-Arne. Can billingualism be dynamically
stable?: a simple model of language choice. 12p.
UNIVERSITAT MUNCHEN. Volkswirtschaftliche Fakultat.
9718 Battermann, Harald L. & Broll, Udo. The use of derivatives
markets for hedging currency risks. 11p.
9713 Berger, Helge. Regulation in Germany: some stylized facts
about its time path, causes, and consequences. 41p.
9716 Berger, Helge & Thum, Marcel. Central bank vs. government:
strategic information policy and its consequences. 34p.
9707 Berger, Helge & Woitek, Ulrich. Economics or politics: what
drives the Bundesbank?. 29p.
9722 Blau, David M. & Riphahn, Regina T. Labor force transitions
of older married couples in Germany. 38p.
9715 Broll, Udo & Eckwert, Bernard. Exchange rate volatility and
international trade. 9p.
9714 Hillinger, Claude. The money metric utility frontier and
aggregate index numbers. 45p.
9710 Kaess, Michael. Union-firm bargaining with Nash and
proportional solution. 13p.
9720 Mansori, Kashif S. & Weichenrieder, Alfons J. Tax
competition and transfer pricing disputes. 21p.
9709 Million, Andreas. Parametric models for multivariate
counts. 17p.
9712 Riphahn, Regina T. & Bauer, Thomas K. Labor demand,
unemployment, and the cost of social insurance schemes in
Germany. 22p.
9717 Rotte, Ralph. Global warfare, economic loss, and the
outbreak of the Great War. 18p.
PAGE 68
9711 Rotte, Ralph & Zimmermann, Klaus F. Fiscal restraint and
the political economy of EMU. 32p.
9721 Thimann, Christian & Thum, Marcel. Investing in "terra
incognita": waiting and learning. 25p.
9719 Weichenrieder, Alfons J. Foreign profits and domestic
investment. 14p.
9723 Winkelmann, Rainer & Zimmermann, Klaus F. Is job stability
declining in Germany?: evidence from count data models.
17p.
9808 Battermann, Harald L. & Broll, Udo. Futures markets and
hedging real profit risk. 10p.
9802 Broll, Udo & Eckwert, Bernhard. Export and hedging decision
with state-dependent utility. 9p.
9806 Langefeld, Willi & Spree, Richard. The general hospital St.
Georg in Hamburg during the 19th century: organization,
patients, financing. 63p.
9811 Riphahn, Regina T. Immigrant participation in social
assistance programs. 34p.
9804 Riphahn, Regina T. Income and employment effects of health
shocks: a test case for the German welfare state. 39p.
9810 Rotte, Ralph. Sorties from the fortress: the current system
of anti-immigration policies in Germany. 34p.
9809 Rotte, Ralph & Vogler, Michael. Determinants of
international migration: empirical evidence for migration
from developing countries to Germany. 40p.
9807 Thiele, Henrik & Wambach, Achim. Agency costs and wealth
effects in the principal agent model. 28p.
9805 Thum, Marcel. Controlling migration in an open labor
market. 20p.
9803 Winter-Ebmer, Rudolf & Zimmermann, Klaus F. East-West trade
and migration: the Austro-German case. 38p.
NATIONAL BUREAU OF ECONOMIC RESEARCH. Working Papers.
6320 Aizenman, Joshua & Powell, Andrew. Volatility and financial
intermediation. 35p.
6325 Balduzzi, Pierluigi, Das, Sanjiv Ranjan & Foresi, Silverio.
The central tendency: a second factor in bond yields. 25p.
6312 Bakaert, Geert & Harvey, Campbell R. Foreign speculators
and emerging equity markets. 54p.
6299 Berman, Eli & Bui, Linda T. Environmental regulation and
labor demand: evidence from the South Coast Air Basin. 39p.
6280 Bhattarai, Keshab & Whalley, John. Discreteness and the
welfare cost of labor supply tax distortions. 40p.
6293 Borenstein, Severin, Bushnell, James & Stoft, Steven. The
competitive effects of transmission capacity in a
deregulated electricity industry. 58p.
6292 Buiter, Willem H. & Sibert, Anne C. Transition issues for
the European Monetary Union. 26p.
6298 Carroll, Christopher D. Death to the log-linearized
consumption Euler equation! (and very poor health to the
second order approximation). 35p.
6306 Cecchetti, Stephen G. Central bank policy rules: conceptual
issues and practical considerations. 19p.
PAGE 69
6307 Corsetti, Giancarlo & Pesenti, Paolo. Welfare and
macroeconomic interdependence. 46p.
6313 Costa, Dora L. Unequal at birth: a long-term comparison of
income and birth weight. 29p.
6305 Currie, Janet & Yelowitz, Aaron. Are public housing
projects good for kids?. 36p.
6290 Diebold, Francis X. The past, present, and future of
macroeconomic forecasting. 32p.
6318 DiNardo, John, Hallock, Kevin & Pischke, Jorn-Steffen.
Unions and managerial pay. 40p.
6300 Dooley, Michael P. A model of crises in emerging markets.
32p.
6287 Glied, Sherry & Brooks, Tama. The market and the
estimators: forecasting the cost of Medicare catastrophic
coverage. 21p.
6289 Grossman, Herschel I. "Make us a king": anarchy, predation,
and the state. 21p.
6301 Grossman, Herschel I. & Kim, Minseong. Predation,
efficiency, and inequality. 17p.
6308 Gruber, Jonathan. Social security and retirement in Canada.
30p.
6294 Ju, Jiandong & Krishna, Kala. Welfare and market access
effects of piecemeal tariff reform. 16p.
6304 Kremer, Michael. Patent buy-outs: a mechanism for
encouraging innovation. 54p.
6296 Lanjouw, Jean O. & Lerner, Josh. The enforcement of
intellectual property rights: a survey of the empirical
literature. 29p.
6297 Lanjouw, Jean O. & Schankerman, Mark. Stylized facts of
patent litigation: value, scope and ownership. 40p.
6314 Levinson, Arik. NIMBY taxes matter: state taxes and
interstate hazardous waste shipments. 38p.
6291 McCallum, Bennett T. The alleged instability of nominal
income targeting. 15p.
6310 Milesi-Ferretti, Gian Maria & Razin, Assaf. Sharp
reductions in current account deficits: an empirical
analysis. 20p.
6311 Missale, Alessandro, Giavazzi, Francesco & Benigno,
Pierpaolo. Managing the public debt in fiscal
stabilizations: the evidence. 29p.
6303 Neumark, David & Powers, Elizabeth. The effect of
means-tested income support for the elderly on
pre-retirement saving: evidence from the SSI program i.
29p.
6319 Obstfeld, Maurice. Open-economy macroeconomics:
developments in theory and policy. 35p.
6295 Poterba, James M., Venti, Steven F. & Wise, David A.
Implications of rising personal retirement saving. 64p.
6315 Ramey, Valerie A. & West, Kenneth D. Inventories. 94p.
6288 Rosenbloom, Joshua L. & Sundstrom, William A. The sources
of regional variation in the severity of the Great
Depression: evidence from U.S. manufacturing, 1919-3. 40p.
6302 Taylor, Alan M. Argentina and the world capital market:
saving, investment, and international capital mobility in
the 20th century. 39p.
PAGE 70
6286 Velasco, Andres. Debts and deficits with fragmented fiscal
policymaking. 23p.
6309 Zingales, Luigi. Corporate governance. 20p.
6357 Acemoglu, Daron & Pischke, Jorn-Steffen. The structure of
wages and investment in general training. 25p.
6383 Altshuler, Rosanne, Grubert, Harry & Newlon, T. Scott. Has
U.S. investment abroad become more sensitive to tax rates?.
36p.
6372 Arreaza, Adriana, Sorensen, Bent E. & Yosha, Oved.
Consumption smoothing through fiscal policy in OECD and EU
countries. 34p.
6379 Backus, David, et al. Predictable changes in yields and
forward rates. 43p.
6376 Baldwin, Robert E. & Magee, Christopher S. Is trade policy
for sale?: congressional voting on recent trade bills. 36p.
6317 Barro, Robert J. Myopia and inconsistency in the
neoclassical growth model. 31p.
6355 Beaudry, Paul & Blackorby, Charles. Taxes and employment
subsidies in optimal redistribution programs. 49p.
6365 Berger, Tommy, et al. Another look at the capitalization of
interest subsidies: evidence from Sweden. 24p.
6393 Bils, Mark & Klenow, Peter J. Does schooling cause growth
or the other way around?. 41p.
6343 Blank, Rebecca M. What causes public assistance caseloads
to grow?. 67p.
6347 Brown, Stephen J., et al. The Japanese open-end fund
puzzle. 43p.
6385 Cameron, Stephen V. & Heckman, James J. Life cycle
schooling and dynamic selection bias: models and evidence
for five cohorts of American males. 91p.
6374 Carroll, Robert, et al. Entrepreneurs, income taxes, and
investment. 46p.
6388 Cawley, John, Heckman, James & Vytlacil, Edward. Cognitive
ability and the rising return to education. 42p.
6354 Cecchetti, Stephen G., Lam, Pok-sang & Mark, Nelson C.
Asset pricing with distorted beliefs: are equity returns too
good to be true?. 23p.
6371 Christiano, Lawrence J., Eichenbaum, Martin & Evans, Charles
L. Modeling money. 43p.
6362 Currie, Janet & Thomas, Duncan. School quality and the
longer-term effects of Head Start. 29p.
6363 DiPasquale, Denise & Glaeser, Edward L. Incentives and
social capital: are homeowners better citizens?. 42p.
6373 Dixit, Avinash K. & Pindyck, Robert S. Expandability,
reversibility, and optimal capacity choice. 28p.
6369 Dornbusch, Rudiger, Favero, Carlo A. & Giavazzi, Francesco.
The immediate challenges for the European Central Bank.
50p.
6334 Edwards, Sebastian. The Mexican peso crisis: how much did
we know? When did we know it?. 38p.
6370 Eichengreen, Barry & Rose, Andrew K. Staying afloat when
the wind shifts: external factors and emerging market
banking crises. 45p.
6380 Flood, Robert & Marion, Nancy. Perspectives on the recent
currency crisis literature. 63p.
PAGE 71
6331 Galenson, David W. The careers of modern artists: evidence
from auctions of contemporary paintings. 53p.
6344 Goldberg, Linda S. & Klein, Michael W. Foreign direct
investment, trade and real exchange rate linkages in
Southeast Asia and Latin America. 41p.
6392 Goolsbee, Austan. The business cycle, financial
performance, and the retirement of capital goods. 34p.
6333 Goolsbee, Austan. What happens when you tax the rich?:
evidence from executive compensation. 35p.
6342 Goolsbee, Austan & Cross, David B. Estimating adjustment
costs with data on heterogeneous capital goods. 45p.
6353 Grogger, Jeff & Willis, Mike. The introduction of crack
cocaine and the rise in urban crime rates. 36p.
6341 Hellerberg, Mark & von Hagen, Jurgen. Electoral
institutions, cabinet negotiations, and budget deficits in
the European Union. 39p.
6384 Heckman, James J., Lochner, Lance & Taber, Christopher.
Explaining rising wage inequality: explorations with a
dynamic general equilibrium model of labor earnings with
het. 82p.
6321 Hellerstein, Judith K., Neumark, David & Troske, Kenneth R.
Market forces and sex discrimination. 36p.
6324 Hong, Harrison & Stein, Jeremy C. A unified theory of
underreaction, momemtum trading and overreaction in asset
markets. 56p.
6323 Hoxby, Caroline M. How the changing market structure of
U.S. higher education explains college tuition. 77p.
6382 Jermann, Urban J. International portfolio diversification
and labor/leisure choice. 28p.
6340 Kaplow, Louis. Transfer motives and tax policy. 12p.
6346 Kessler, Daniel P. & McClellan, Mark. The effects of
malpractice pressure and liability reforms on physicians
perceptions of medical care. 36p.
6335 Kim, Sukkoo. Economic integration and convergence: U.S.
regions 1840-1987. 63p.
6322 Kim, Sukkoo. Regions, resources, and economic geography:
sources of U.S. regional comparative advantage, 1880-1987.
51p.
6327 Krueger, Anne O. Whither the World Bank and the IMF?. 93p.
6377 Lakdawalla, Darius & Philipson, Tomas. Nonprofit production
and competition. 54p.
6366 Lanjouw, Jean O. The introduction of pharmaceutical product
patents in India: "heartless exploitation of the poor and
suffering"?. 53p.
6351 Lewis, Karen K. International home bias in international
finance and business cycles. 67p.
6345 McGarry, Kathleen. Inter vivos transfers and intended
bequests. 47p.
6359 Markowitz, Sara & Grossman, Michael. Alcohol regulation and
violence towards children. 33p.
6361 Meade, Jose & Waldfogel, Joel. Do sentencing guidelines
raise the cost of punishment?. 24p.
6390 Mishkin, Frederic S. International capital movements,
financial volatility and financial instability. 33p.
PAGE 72
6316 Mitchell, Olivia S. & Barreto, Flavio Ataliba. After Chile,
what?: second-round pension reforms in Latin America. 40p.
6328 Mocan, H. Naci & Viola, Deborah. The determinants of child
care workers' wages and compensation: sectoral difference,
human capital, race, insiders . 52p.
6326 Mulligan, Casey B. Pecuniary incentives to work in the U.S.
during World War II. 55p.
6378 Neal, Derek & Rosen, Sherwin. Theories of the distribution
of labor earnings. 54p.
6330 Neumark, David, Polsky, Daniel & Hansen, Daniel. Has job
stability declined yet?: new evidence for the 1990s. 48p.
6348 Pacula, Rosalie L. Adolescent alcohol and marijuana
consumption: is there really a gateway effect?. 43p.
6329 Persson, Torsten & Tabellini, Guido. Political economics
and macroeconomic policy. 100p.
6349 Piggott, John & Whalley, John. Value added tax base
broadening, self supply, and the informal sector. 30p.
6337 Poterba, James. The estate tax and after-tax investment
returns. 43p.
6368 Rajan, Raghuram, Servaes, Henri & Zingales, Luigi. The cost
of diversity: the diversification discount and inefficient
investment. 50p.
6338 Razin, Assaf, Sadka, Efraim & Yuen, Chi-Wa. Channeling
domestic savings into productive investment under asymmetric
information: the essential role of foreign . 29p.
6339 Razin, Assaf, Sadka, Efraim & Yuen, Chi-Wa. Quantitative
implications of the home bias: foreign underinvestment,
domestic oversaving and corrective taxation. 23p.
6364 Rodrik, Dani. Democracies pay higher wages. 12p.
6350 Rodrik, Dani. Where did all the growth go?: external
shocks, social conflict, and growth collapses. 50p.
6352 Scharfstein, David S. The dark side of internal capital
markets II: evidence from diversified conglomerates. 35p.
6381 Schwert, G. William. Stock market volatility: ten years
after the crash. 43p.
6375 Shiller, Robert J. Human behavior and the efficiency of the
financial system. 56p.
6356 Shiller, Robert J. Indexed units of account: theory and
assessment of historical experience. 40p.
6358 Stein, Ernesto, Talvi, Ernesto & Grisanti, Alejandro.
Institutional arrangements and fiscal performance: the Latin
American experience. 49p.
6336 Velasco, Andres. A model of endogenous fiscal deficits and
delayed fiscal reforms. 33p.
6332 Wu, Changqi & Cheng, Leonard K. Hong Kong's business
regulation in transition. 34p.
6367 Zarnowitz, Victor. Has the business cycle been abolished?.
16p.
6360 Zucker, Lynne G. & Darby, Michael R. Capturing
technological opportunity vis Japan's star scientists:
evidence from Japanese firms' biotech patents & pr. 47p.
6399 Auerbach, Alan J., Burman, Leonard E. & Siegel, Jonathan M.
Capital gains taxation and tax avoidance: new evidence from
panel data. 53p.
PAGE 73
6459 Baldwin, Richard E. Agglomeration and endogenous capital.
26p.
6458 Baldwin, Richard E., Martin, Philippe & Ottaviano, Gianmarco
I.P. Global income divergence, trade and industrialization:
the geography of growth take-offs. 45p.
6434 Becker, Connie, et al. Conditional market timing with
benchmark investors. 50p.
6397 Ben-David, Dan, Lumsdaine, Robin L. & Papell, David H. Unit
roots, postwar slowdowns and long-run growth: evidence from
two structural breaks. 24p.
6438 Bernard, Andrew B. & Jensen, J. Bradford. Understanding the
U.S. export boom. 31p.
6463 Borenstein, Severin & Bushnell, James. An empirical
analysis of the potential for market power in California's
electricity industry. 62p.
6423 Born, Patricia & Pacula, Rosalie L. Does spending on
medical services change as HMOs grow and mature?. 25p.
6427 Brown, Stephen J., Goetzmann, WIlliam N. & Park, James.
Hedge funds and the Asian currency crisis of 1997. 29p.
6412 Brown, Stephen J., Goetzmann, William N. & Grinblatt, Mark.
Positive portfolio factors. 16p.
6396 Buiter, Willem H. The young person's guide to neutrality,
price level indeterminacy, interest rate pegs, and fiscal
theories of the p. 45p.
6420 Cabellero, Ricardo J. & Engel, Eduardo M.R.A. Nonlinear
aggregate investment dynamics: theory and evidence. 55p.
6386 Card, David & Krueger, Alan B. A reanalysis of the effect
of the New Jersey minimum wage increase on the fast food
industry with representative pa. 44p.
6449 Card, David, Robins, Philip K. & Lin, Winston. Would
financial incentives for leaving welfare lead some people to
stay on welfare longer? An experimental evaluati. 51p.
6407 Carroll, Marilyn E. Income alters the relative reinforcing
effects of drug and nondrug reinforcers. 32p.
6446 Cawley, John, Heckman, James & Vytlacil, Edward.
Meritocracy in America: wages within and across occupations.
52p.
6411 Chaloupka, Frank J., Grossman, Michael & Tauras, John A.
The demand for cocaine and marijuana by youth. 32p.
6394 Chevalier, Judith & Ellison, Glenn. Career concerns of
mutual fund managers. 41p.
6400 Christiano, Lawrence J., Eichenbaum, Martin & Evans, Charles
L. Monetary policy shocks: what have we learned and to what
end?. 91p.
6442 Clarida, Richard, Gali, Jordi & Gertler, Mark. Monetary
policy rules and macroeconomic stability: evidence and some
theory. 35p.
6419 Costa, Dora L. The unequal work day: a long-term view.
12p.
6440 DelRossi, Alison F. & Inman, Robert P. Changing the price
of pork: the impact of local cost sharing on legislator's
demands for distributive public goods. 40p.
6418 Donohue, John J., Heckman, James J. & Todd, Petra E. Social
action, private choice, and philanthropy: understanding the
sources of improvements in black schooling in Ge. 73p.
PAGE 74
6422 Durlauf, Steven N. & Quah, Danny T. The new empirics of
economic growth. 111p.
6441 Edwards, Sebastian. Capital inflows into Latin America: a
stop-go story?. 67p.
6408 Eichengreen, Barry & Mody, Ashoka. What explains changing
spreads on emerging-market debt: fundamentals or market
sentiment?. 45p.
6389 Flavin, Marjorie & Yamashita, Takashi. Owner-occupied
housing and the composition of the household portfolio over
the life cycle. 42p.
6417 Frank, Richard G., Berndt, Ernst R. & Busch, Susan H. Price
indexes for the treatment of depression. 39p.
6398 Friedberg, Leora. Did unilateral divorce raise divorce
rates?: evidence from panel data. 32p.
6433 Gentry, William M. & Hubbard, R. Glenn. Fundamental tax
reform and corporate financial policy. 45p.
6435 Gentry, William M. & Penrod, John R. The tax benefits of
not-for-profit hospitals. 57p.
6461 Ghosh, Madanmohan, Perroni, Carlo & Whalley, John. The
value of MFN (most favored nation) treatment. 32p.
6454 Gibbons, Robert & Waldman, Michael. A theory of wage and
promotion dynamics in internal labor markets. 40p.
6413 Goetzmann, William N., Ingersoll, Jonathan & Ross, Stephen
A. High water marks. 28p.
6439 Goldin, Claudia & Katz, Lawrence F. Human capital and
social capital: the rise of secondary schooling in America,
1910 to 1940. 51p.
6395 Goolsbee, Austan. It's not about the money: why natural
experiments don't work on the rich. 34p.
6464 Goulder, Lawrence H., et al. The cost effectiveness of
alternative instruments for environmental protection in a
second-best setting. 48p.
6453 Greenstein, Shane. Universal service in the digital age:
the commercialization and geography of U.S. Internet access.
47p.
6403 Grossman, Herschel I. & Kim, Minseong. Human capital and
predation: a positive theory of educational policy. 25p.
6429 Hanson, Gordon H. Market potential, increasing returns, and
geographic concentration. 52p.
6421 Hart, Oliver & Moore, John. Cooperatives vs. outside
ownership. 52p.
6426 Heckman, James J., Lochner, Lance & Taber, Christopher.
General equilibrium treatment effects: a study of tuition
policy. 13p.
6416 Jovanovic, Boyan. Vintage capital and inequality. 31p.
6406 Kaestner, Robert. Does drug use cause poverty?. 29p.
6401 Kenkel, Don & Wang, Ping. Are alcoholics in bad jobs?.
44p.
6425 Kim, Sukkoo. The rise of multiunit firms in U.S.
manufacturing. 50p.
6404 Kirova, Milka S. & Lipsey, Robert E. Measuring real
investment: trends in the United States and international
comparisons. 28p.
6447 Kotlikoff, Laurence J. & Leibfritz, Willi. An international
comparison of generational accounts. 38p.
PAGE 75
6430 Kotlikoff, Laurence J., Smetters, Kent A. & Walliser, Jan.
Opting out of social security and adverse selection. 54p.
6428 Kotlikoff, Laurence J., Smetters, Kent A. & Walliser, Jan.
Social security: privatization and progressivity. 18p.
6450 Krueger, Alan B. & Siskind, Aaron. Assessing bias in the
consumer price index from survey data. 21p.
6405 Lipsey, Robert E. International production in developed and
developing countries and in industry sectors. 43p.
6456 McCallum, Bennett T. Indeterminacy, bubbles, and the fiscal
theory of price level determination. 19p.
6387 Nevo, Aviv. Measuring market power in the ready-to-eat
cereal industry. 69p.
6437 Newell, Richard G., Jaffe, Adam B. & Stavins, Robert N. The
induced innovation hypothesis and energy-saving
technological change. 44p.
6431 Obstfeld, Maurice & Peri, Giovanni. Regional nonadjustment
and fiscal policy: lessons for EMU. 67p.
6415 Petry, Nancy M. & Bickel, Warren K. A behavioral economic
analysis of polydrug abuse in heroin addicts. 49p.
6424 Portes, Richard & Rey, Helene. The emergence of the Euro as
an international currency. 67p.
6445 Rotemberg, Julio J. Cyclical movements in wages and
consumption in a bargaining model of unemployment. 41p.
6432 Saffer, Henry & Chaloupka, Frank. Demographic differentials
in the demand for alcohol and illicit drugs. 25p.
6443 Sarbaum, Jeffrey K., Polachek, Solomon W. & Spear, Norman E.
The effects of price changes on alcohol consumption in
alcohol experienced rats. 39p.
6402 Silverman, Kenneth & Robles, Elias. Employment as a drug
abuse treatment intervention: a behavioral economic
analysis. 32p.
6391 Tyler, John H., Murnane, Richard J. & Willett, John B.
Estimating the impact of the GED on the earnings of young
dropouts using a series of natural experiments. 68p.
6410 Vuchinich, Rudy E. & Simpson, Cathy A. Delayed reward
discounting in alcohol abuse. 38p.
6409 Waldfogel, Joel. Reconciling asymmetric information and
divergent expectations of litigation. 29p.
6414 Zucker, Lynne G., Darby, Michael R. & Peng, Yusheng.
Fundamentals of population dynamics and the geographic
distribution of U.S. biotechnology enterprises, 1976-89.
65p.
6476 Alvarez, Fernando & Jermann, Urban J. Asset pricing when
risk sharing is limited by default. 74p.
6496 Athey, Susan, Avery, Christopher & Zemsky, Peter. Mentoring
and diversity. 38p.
6466 Attanasio, Orazio P. Consumption demand. 76p.
6477 Baldwin, Richard E. & Forslid, Rikard. Incremental trade
policy and endogenous growth: a q-theory approach. 38p.
6483 Baldwin, Richard E. & Ottaviano, Gianmarco I.P.
Multiproduct multinationals and reciprocal FDI dumping.
24p.
6505 Bates, David & Craine, Roger. Valuing the futures market
clearinghouse's default exposure during the 1987 crash.
39p.
PAGE 76
6473 Bebchuk, Lucian A. Chapter 11. 17p.
6474 Bebchuk, Lucian A. Negative expected value suits. 7p.
6472 Bebchuk, Lucian A. & Fried, Jesse. The uneasy case for the
priority of secured claims in bankruptcy: further thoughts
and a reply to critics. 65p.
6492 Bergin, Paul R. & Feenstra, Robert C. Staggered price
setting and endogenous persistence. 29p.
6455 Bernanke, Ben, Gertler, Mark & Gilchrist, Simon. The
financial accelerator in a quantitative business cycle
framework. 72p.
6475 Bernstein, Jeffrey I. Total factor productivity growth in
the Canadian life insurance industry: 1979-1989. 33p.
6481 Berry, Steven, Levinsohn, James & Pakes, Ariel.
Differentiated products demand systems from a combination of
micro and macro data: the new car market. 40p.
6436 Bordo, Michael D. & Eichengreen, Barry. The rise and fall
of a barbarous relic: the role of gold in the international
monetary system. 85p.
6465 Bradford, David F. Transition to and tax rate flexibility
in a cash-flow type tax. 36p.
6485 Campbell, John Y. Asset prices, consumption, and the
business cycle. 108p.
6471 Canzoneri, Matthew B., Cumby, Robert E. & Diba, Behzad T.
Is the price level determined by the needs of fiscal
solvency?. 36p.
6469 Chang, Roberto & Velasco, Andres. Financial fragility and
the exchange rate regime. 37p.
6491 Chinn, Menzie D. Before the fall: were East Asian
currencies overvalued?. 54p.
6493 Chipty, Tasneem & Witte, Ann D. Effects of information
provision in a vertically differentiated market. 34p.
6504 Costa, Dora L. The wage and the length of the work day:
from the 1890s to 1991. 31p.
6457 Denizer, Cevdet & Wolf, Holger C. Household saving in
transition economies. 15p.
6503 Dwyer, Debra S. & Mitchell, Olivia S. Health problems as
determinants of retirement: are self-rated measures
endogenous?. 30p.
6470 Elmendorf, Douglas W & Mankiw, N. Gregory. Government debt.
91p.
6452 Faust, Jon & Svensson, Lars E.O. Transparency and
credibility: monetary policy with unobservable goals. 40p.
6480 Ghosh, Atish R. & Wolf, Holger. Thresholds and context
dependence in growth. 17p.
6494 Goulder, Lawrence H. & Mathai, Koshy. Optimal CO2 abatement
in the presence of induced technological change. 41p.
6499 Grossman, Herschel I. Producers and predators. 23p.
6489 Gustafson, Cynthia K. & Levine, Philip B. Less-skilled
workers, welfare reform, and the unemployment insurance
system. 33p.
6478 Gustman, Alan L. & Steinmeier, Thomas L. Social security
benefits of immigrants and U.S. born. 91p.
6462 Heckman, James J., Lochner, Lance & Taber, Christopher. Tax
policy and human capital formation. 11p.
PAGE 77
6501 Hall, Robert E. Labor market frictions and employment
fluctuations. 47p.
6487 Higgins, Stephen T. Applying behavioral economics to the
challenge of reducing cocaine abuse. 39p.
6482 Hubbard, Thomas N. Why are process monitoring technologies
valuable?: the use of on-board information technology in the
trucking indus. 39p.
6467 Jolls, Christine. Stock repurchases and incentive
compensation. 36p.
6451 Kane, Edward J. & Wilson, Berry K. A contracting theory
interpretation of the origins of federal deposit insurance.
33p.
6460 Kelley, Maryellen R. & Cook, Cynthia R. The institutional
context and manufacturing performance: the case of the U.S.
defense industrial network. 54p.
6484 Kessler, Daniel & Levitt, Steven D. Using sentence
enhancements to distinguish between deterrence and
incapacitation. 26p.
6479 Kruse, Douglas & Mahony, Douglas. Illegal child labor in
the United States: prevalence and characteristics. 35p.
6502 Lane, Philip R. & Tornell, Aaron. Why aren't savings rates
in Latin America procyclical?. 25p.
6495 Lee, Jaewoo & Chinn, Menzie D. The current account and the
real exchange rate: a structural VAR analysis of major
currencies. 25p.
6448 Markusen, James R. Contracts, intellectual property rights,
and multinational investment in developing countries. 30p.
6488 Milyo, Jeffrey & Waldfogel, Joel. The effect of price
advertising on prices: evidence in the wake of 44
Liquormart. 41p.
6500 Mullahy, John. It'll only hurt a second?: microeconomic
determinants of who gets flu shots. 59p.
6486 Ohsfeldt, Robert L., Boyle, Raymond G. & Capilouto, Eli I.
Tobacco taxes, smoking restrictions, and tobacco use. 20p.
6490 Pastor, Lubos & Stambaugh, Robert F. Costs of equity
capital and model mispricing. 60p.
6468 Roubini, Nouriel & Wachtel, Paul. Current account
sustainability in transition economies. 68p.
6497 Tornell, Aaron. Reform from within. 49p.
6498 Tornell, Aaron & Lane, Philip R. Voracity and growth. 36p.
6524 Aizenman, Joshua. Privatization in emerging markets. 21p.
6508 Ang, Andrew & Bekaert, Geert. Regime switches in interest
rates. 68p.
6567 Attanasio, Orazio, Banks, James & Tanner, Sarah. Asset
holding and consumption volatility. 30p.
6560 Attanasio, Orazio & Jappelli, Tullio. Intertemporal choice
and the cross-sectional variance of marginal utility. 37p.
6558 Aw, Bee Yan, Chung, Sukkyun & Roberts, Mark J. Productivity
and the decision to export: micro evidence from Taiwan and
South Korea. 34p.
6530 Bacchetta, Philippe & van Wincoop, Eric. Capital flows to
emerging markets: liberalization, overshooting, and
volatility. 43p.
6521 Bebchuk, Lucian Arye & Guzman, Andrew T. An economic
analysis of transnational bankruptcies. 33p.
PAGE 78
6509 Bebchuk, Lucian Arye & Chang, Howard F. The effect of
offer-of-settlement rules on the terms of settlement. 28p.
6538 Bernard, Andrew B. & Wagner, Joachim. Export entry and exit
by German firms. 24p.
6571 Bernard, Andrew B. & Jensen, J. Bradford. Understanding
increasing and decreasing wage inequality. 43p.
6517 Besley, Timothy J. & Rosen, Harvey S. Vertical
externalities in tax setting: evidence from gasoline and
cigarettes. 21p.
6566 Blanchard, Olivier. Revisiting European unemployment:
unemployment, capital accumulation and factor prices. 48p.
6506 Borjas, George. The economic progress of immigrants. 53p.
6555 Branson, William H., Braga de Macedo, Jorge & von Hagen,
Jurgen. Macroeconomic policy and institutions during the
transition to European Union membership. 26p.
6522 Buiter, Willem H. Notes on "a code for fiscal stability".
17p.
6520 Card, David. Falling union membership and rising wage
inequality: what's the connection?. 41p.
6519 Card, David, DiNardo, John & Estes, Eugena. The more things
change: immigrants and the children of immigrants in the
1940s, the 1970s, and the 1990s. 60p.
6549 Carroll, Christopher D. Why do the rich save so much?.
29p.
6568 Carroll, Christopher D., Rhee, Byung-Kun & Rhee, Changyong.
Does cultural origin affect saving behavior?: evidence from
immigrants. 23p.
6578 Carroll, Robert, et al. Income taxes and enterpreneurs' use
of labor. 37p.
6541 Chaloupka, Frank J. & Pacula, Rosalie L. An examination of
gender and race differences in youth smoking responsiveness
to price and tobacco control policies. 15p.
6574 Cockburn, Iain M. & Anis, Aslam H. Hedonic analysis of
arthritis drugs. 28p.
6533 Cummins, Jason G. Taxation and the sources of growth:
estimates from United States multinational corporations.
33p.
6514 Cutler, David, McClellan, Mark & Newhouse, Joseph. The
costs and benefits of intensive treatment for cardiovascular
disease. 48p.
6516 Edwards, Sebastian & Savastano, Miguel A. The morning
after: the Mexican Peso in the aftermath of the 1994
currency crisis. 81p.
6510 Edwards, Sebastian & Lederman, Daniel. The political
economy of unilateral trade liberalization: the case of
Chile. 74p.
6518 Estrella, Arturo & Mishkin, Frederic S. Rethinking the role
of NAIRU in monetary policy: implications of model
formulation and uncertainty. 46p.
6529 Evenett, Simon J. & Keller, Wolfgang. On theories
explaining the success of the gravity equation. 50p.
6523 Feldman, Sarah & Scharfstein, David. Managed care and
provider volume. 29p.
65540 Feldstein, Martin & Samwick, Andrew. Two percent personal
retirement accounts: their potential effects on social
security tax rates & national saving. 14p.
PAGE 79
6548 Friedberg, Leora. The effect of old age assistance on
retirement. 36p.
6572 Froot, Kenneth A. & Dabora, Emil. How are sticky prices
affected by the location of trade?. 22p.
6525 Gentry, William M. & Milano, Joseph. Taxes and investment
in annuities. 36p.
6537 Goldin, Claudia & Katz, Lawrence F. The shaping of higher
education: the formative years in the United States, 1890 to
1940. 54p.
6532 Goolsbee, Austan. Does government R & D policy mainly
benefit scientists and engineers?. 13p.
6526 Goolsbee, Austan. Investment subsidies and wages in capital
goods industries: to the workers go the spoils?. 23p.
6543 Haldane, Andrew G. & Batini, Nicoletta. Forward-looking
rules for monetary policy. 50p.
6564 Hall, Robert E. & Jones, Charles I. Why do some countries
produce so much more output per worker than others?. 49p.
6515 Hamermesh, Daniel S. Changing inequality in markets for
workplace amenities. 48p.
6565 Haskel, Jonathan E. & Slaughter, Matthew J. Does the sector
bias of skill-biased technical change explain changing wage
inequality?. 41p.
6542 Heckman, James J. & Smith, Jeffrey A. Evaluating the
welfare state. 95p.
6551 Helpman, Elhanan & Rangel, Antonio. Adjusting to a new
technology: experience and training. 43p.
6577 Hendel, Igal & Lizzeri, Alessandro. The role of leasing
under adverse selection. 36p.
6550 Holderness, Clifford G., Kroszner, Randall S. & Sheehan,
Dennis P. Were the good old days that good?: changes in
managerial stock ownership since the Great Depression. 52p.
6553 Hong, Harrison, Lim, Terence & Stein, Jeremy C. Bad news
travels slowly: size, analyst coverage and the profitability
of momentum strategies. 56p.
6539 Hubbard, R. Glenn & Palia, Darius. A re-examination of the
conglomerate merger wave in the 1960s: an internal capital
markets view. 28p.
6556 Inman, Robert P. & Rubinfeld, Daniel L. Subsidiarity and
the European Union. 24p.
6507 Jaffe, Adam B. & Trajtenberg, Manuel. International
knowledge flows: evidence from patent citations. 39p.
6580 Krishna, Kala & Winston, Tor. A new model of quality. 36p.
6544 Lafontaine, Francine & Slade, Margaret E. Incentive
contracting and the franchise decision. 44p.
6547 Lakdawalla, Darius & Philipson, Tomas. The rise in old age
longevity and the market for long-term care. 39p.
6535 Lazear, Edward P. Diversity and immigration. 43p.
6579 Lazear, Edward P. Globalization and the market for
teammates. 49p.
6569 Lichtenberg, Frank R. Pharmaceutical innovation, mortality
reduction, and economic growth. 28p.
6511 McGarry, Kathleen & Schoeni, Robert F. Social security,
economic growth, and the rise in independence of elderly
widows in the 20th century. 33p.
PAGE 80
6546 Metcalf, Gilbert E. A distributional analysis of an
environmental tax shift. 60p.
6561 Myers, Stewart C. Outside equity financing. 51p.
6573 Neumark, David. Labor market information and wage
differentials by race and sex. 37p.
6536 Neumark, David, Schweitzer, Mark & Wascher, William. The
effects of minimum wages on the distribution of family
income: a non-parametric analysis. 43p.
6559 Obstfeld, Maurice. The global capital market: benefactor or
menace?. 36p.
6512 Rudebusch, Glenn D. & Svensson, Lars E.O. Policy rules for
inflation targeting. 51p.
6554 Ruhm, Christopher J. Parental leave and child health. 47p.
6534 Samwick, Andrew A. New evidence on pensions, social
security, and the timing of retirement. 54p.
6531 Scheve, Kenneth F. & Slaughter, Matthew J. What determines
individual trade policy preferences?. 38p.
6552 Shiller, Robert J. & Weiss, Allan N. Moral hazard in home
equity conversion. 39p.
6513 Skinner, Jonathan & Wennberg, John E. How much in enough?:
efficiency and Medicare spending in the last six months of
life. 37p.
6557 Slaughter, Matthew J. International trade and per capita
income convergence: a difference-in- differences analysis.
22p.
6528 Stock, James H. & Watson, Mark W. Business cycle
fluctuations in U.S. macroeconomic time series. 80p.
6545 Svensson, Lars E.O. Open-economy inflation targeting. 50p.
6527 Yazici, Esel Y. & Kaestner, Robert. Medicaid expansions and
the crowding out of private health insurance. 22p.
6658 Acemoglu, Daron. Changes in unemployment and wage
inequality: an alternative theory and some evidence. 45p.
6634 Aggarwal, Rajesh & Samwick, Andrew A. The other side of the
tradeoff: the impact of risk on executive compensation.
39p.
6612 Alesina, Alberto & Dollar, David. Who gives foreign aid to
whom and why?. 45p.
6666 Anderson, Torben G., Bollerslev, Tim & Das, Ashish. Testing
for market microstructure effects in intraday volatility: a
reassessment of the Tokyo FX experiment. 26p.
6595 Athey, Susan & Stern, Scott. The adoption and impact of
advanced emergency response services. 58p.
6600 Athey, Susan & Stern, Scott. An empirical framework for
testing theories about complementarity in organizational
design. 38p.
6593 Attanasio, Orazio P., Guiso, Luigi & Jappelli, Tullio. The
demand for money, financial innovation, and the welfare cost
of inflation: an analysis with households' data. 51p.
6604 Bagwell, Kyle & Staiger, Robert W. The simple economics of
labor standards and the GATT. 43p.
6597 Ball, Laurence. Another look at long-run money demand.
21p.
6654 Barro, Robert J. Notes on growth accounting. 30p.
6627 Berk, Jonathan, Green, Richard C. & Naik, Vasant. Optimal
investment, growth options, and security returns. 61p.
PAGE 81
6608 Bernanke, Ben S. & Mihov, Ilian. The liquidity effect and
long-run neutrality. 64p.
6636 Blanchard, Olivier & Portugal, Pedro. What hides behind an
unemployment rate: comparing Portuguese and U.S.
unemployment?. 39p.
6630 Butcher, Kristin F. & Di Nardo, John. The immigrant and
native-born wage distributions: evidence from United States
censuses. 43p.
6603 Caldwell, Steven, et al. Social security's treatment of
postwar Americans. 143p.
6606 Chang, Roberto & Velasco, Andres. Financial crises in
emerging markets: a canonical model. 45p.
6617 Constantinides, George M., Donaldson, John B. & Mehra,
Rajnish. Junior can't borrow: a new perspective on the
equity premium puzzle. 34p.
6635 Das, Sanjiv R. & Sundaram, Rangarajan K. A direct approach
to arbitrage-free pricing of credit derivatives. 14p.
6631 Das, Sanjiv R. Poisson-Gaussian processes and the bond
markets. 33p.
6586 Dehejia, Rajeev H. & Wahba, Sadek. Causal effects in
non-experimental studies: reevaluating the evaluation of
training programs. 22p.
6598 Feenstra, Robert C., et al. The U.S.-China bilateral trade
balance: its size and determinants. 50p.
6664 Freeman, Richard B. & Waldfogel, Jane. Dunning delinquent
dads: the effects of child support enforcement policy on
child support receipt by never married . 35p.
6623 Garber, Peter M. Derivatives in international capital
flows. 36p.
6619 Garber, Peter M. Notes on the role of target in a stage III
crisis. 23p.
6652 Gilchrist, Simon & Himmelberg, Charles. Investment,
fundamentals and finance. 53p.
6602 Glaeser, Edward L., Kessler, Daniel P. & Piehl, Anne M.
What do prosecutors maximize?: an analysis of drug offenders
and concurrent jurisdiction. 37p.
6596 Gokhale, Jagadeesh & Kotlikoff, Laurence J. Medicare from
the perspective of generational accounting. 27p.
6614 Goolsbee, Austan & Maydew, Edward L. Coveting thy
neighbor's manufacturing: the dilemma of state income
apportionment. 28p.
6576 Gordon, Roger H. & Slemrod, Joel. Are "real" responses to
taxes simple income shifting between corporate and personal
tax bases?. 73p.
6613 Hamermesh, Daniel S. Crime and the timing of work. 30p.
6587 Hanson, Gordon H. North American economic integration and
industry location. 34p.
6609 Harrigan, James. International trade and American wages in
general equilibrium, 1967-1995. 41p.
6624 Helliwell, John F. & McKitrick, Ross. Comparing capital
mobility across provincial and national borders. 17p.
6615 Hines, James R. Investment ramifications of distortionary
tax subsidies. 31p.
6605 Holzer, Harry J. & Neumark, David. What does affirmative
action do?. 60p.
PAGE 82
6653 Iowerth, Aled Ab & Whalley, John. Meals on wheels:
restaurant and home meal production and the exemption of
food from sales and value added taxes. 24p.
6633 Kane, Edward J. Capital movements, asset values, and
banking policy in globalized markets. 22p.
6637 Kroszner, Randall S. & Strahan, Philip E. What drives
deregulation?: economics and politics of the relaxation of
bank branching restrictions. 49p.
6656 Lakonishok, Josef & Lee, Immoo. Are insiders' trades
informative?. 45p.
6594 La Porta, Rafael, et al. Agency problems and dividend
policies around the world. 40p.
6625 La Porta, Rafael, Lopez-de-Silanes, Florencio & Shleifer,
Andrei. Corporate ownership around the world. 58p.
6626 Leamer, Edward E. & Thornberg, Christopher. Efforts and
wages: a new look at the inter-industry wage differentials.
40p.
6592 Levitt, Stephen D. & Venkatesh, Subhir A. An economic
analysis of a drug-selling gang's finances. 42p.
6601 Lichtenberg, Frank R. The allocation of publicly-funded
biomedical research. 28p.
6668 Lovely, Mary E. & Richardson, J. David. Trade flows and
wage premiums: does who or what matter?. 49p.
6643 Margo, Robert A. Labor market integration before the Civil
War. 58p.
6599 McCallum, Bennett T. & Nelson, Edward. Performance of
operational policy rules in an estimated semi-classical
structural model. 54p.
6620 Milesi-Ferretti, Gian Maria & Razin, Assaf. Current account
reversals and currency crises: empirical regularities. 52p.
6655 Mishkin, Frederic S. Financial consolidation: dangers and
opportunities. 26p.
6621 Moffitt, Robert A. & Wilhelm, Mark. Taxation and the labor
supply decisions of the affluent. 76p.
6585 Mulligan, Casey B. Substitution over time: another look at
life cycle labor supply. 59p.
6638 Murphy, Kevin M., Riddell, W. Craig & Romer, Paul M. Wages,
skills, and technology in the United States and Canada.
42p.
6651 Neumark, David & Wascher, William. Minimum wages and
training revisited. 37p.
6616 Poterba, James M. & Weisbenner, Scott J. Capital gains tax
rules, tax loss trading, and turn-of-the-year returns. 38p.
6628 Rauch, James E. & Casella, Alessandra. Overcoming
informational barriers to international resource allocation:
prices and group ties. 46p.
6611 Restoy, Fernando & Weil, Philippe. Approximate equilibrium
asset prices. 26p.
6562 Rodrik, Dani. Trade policy and economic performance in
sub-Saharan Africa. 72p.
6618 Rotemberg, Julio J. & Woodford, Michael. Interest-rate
rules in an estimated sticky price model. 91p.
6665 Shleifer, Andrei. State versus private ownership. 33p.
6610 Sinn, Hans-Werner. The pay-as-you-go pension system as a
fertility insurance and enforcement device. 28p.
PAGE 83
6591 Slaughter, Matthew J. What are the results of product-price
studies and what can we learn from their difference?. 43p.
6584 Slemrod, Joel. The economics of taxing the rich. 38p.
6582 Slemrod, Joel. The general model of the behavioral response
to taxation. 15p.
6583 Slemrod, Joel & Greimel, Timothy. Did Steve Forbes scare
the municipal bond market?. 17p.
6607 Stock, James H. & Watson, Mark W. A comparison of linear
and nonlinear univariate models for forecasting
macroeconomic time series. 58p.
6663 Young, Alwyn. Paasche vs. Laspeyres: the elasticity of
substitution and bias in measures of total factor
productivity growth. 9p.
6632 Shea, John. What do technology shocks do?. 57p.
6683 Abel, Andrew B. Risk premia and term premia in general
equilibrium. 44p.
6670 Acemoglu, Daron & Angrist, Joshua. Consequences of
employment protection?: the case of the Americans with
Disabilities Act. 48p.
6686 Acemoglu, Daron & Shimer, Robert. Efficiency unemployment
insurance. 32p.
6708 Agell, Jonas & Persson, Mats. Tax arbitrage and labor
supply. 34p.
6703 Aizenman, Joshua. Capital mobility in a second best world:
moral hazard with costly financial intermediation. 30p.
6700 Albuquerque, Rui & Rebelo, Sergio. On the dynamics of trade
reform. 43p.
6679 Angrist, Joshua D. & Johnson, John H. Effects of
work-related absences on families: evidence from the Gulf
War. 29p.
6707 Antweiler, Werner, Copeland, Brian R. & Taylor, M. Scott.
Is free trade good for the environment?. 66p.
6704 Bacchetta, Philippe & van Wincoop, Eric. Does exchange rate
stability increase trade and capital flows?. 40p.
6697 Backus, David K. & Crucini, Mario J. Oil prices and the
terms of trade. 42p.
6660 Bakhshi, Hasan, Haldane, Andrew G. & Hatch, Neal. Some
costs and benefits of price stability in the United Kingdom.
103p.
6669 Bekaert, Geert & Harvey, Campbell R. Capital flows and the
behavior of emerging market equity returns. 76p.
6678 Berk, Jonathan B. A simple approach for deciding when to
invest. 18p.
6667 Besley, Timothy J. & Rosen, Harvey S. Sales tax and prices:
an empirical analysis. 33p.
6712 Bhattarai, Keshab & Whalley, John. The division and size of
gains from liberalization in service networks. 22p.
6716 Blau, Francine D., Simpson, Patricia & Anderson, Deborah.
Continuing progress?: trends in occupational segregation in
the United States over the 1970s and 1980s. 51p.
6705 Bodnar, Gordon M. & Gebhardt, Gunther. Derivatives usage in
risk management by U.S. and German non-financial firms: a
comparative survey. 27p.
6721 Bound, John & Solon, Gary. Double trouble: on the value of
twins-based estimation of the return to schooling. 32p.
PAGE 84
6693 Bovenberg, A. Lans, Graafland, Johan J. & de Mooij, Ruud A.
Tax reform and the Dutch labor market: an applied general
equilibrium approach. 51p.
6717 Caballero, Ricardo J. & Hammour, Mohamad L. Improper churn:
social costs and macroeconomic consequences. 40p.
6714 Card, David & Levine, Phillip B. Extended benefits and the
duration of unemployment insurance spells: evidence from the
New Jersey extended benefits. 46p.
6671 Chinn, Menzie D. On the won and other East Asian
currencies. 29p.
6661 Choe, Hyuk, Kho, Bong-Chan & Stulz, Rene M. Do foreign
investors destabilize stock markets?: the Korean experience
in 1997. 38p.
6688 Clausing, Kimberly A. The impact of transfer pricing on
intrafirm trade. 38p.
6646 Cochrane, John H. A frictionless view of U.S. inflation.
59p.
6696 Crepon, Bruno, Duguet, Emmanuel & Mairesse, Jacques.
Research, innovation, and productivity: an econometric
analysis at the firm level. 43p.
6677 Cutler, David M., McClellan, Mark & Newhouse, Joseph P.
Prices and productivity in managed care insurance. 50p.
6644 Das, Sanjiv Ranjan & Sundaram, Rangarajan K. Fee speech:
adverse selection and the regulation of mutual fund fees.
30p.
6639 Das, Sanjiv Ranjan & Sundaram, Rangarajan K. On the
regulation of fee structures in mutual funds. 43p.
6719 Diamond, Peter. The economics of social security reform.
28p.
6689 Engel, Eduardo M.R.A, Fischer, Ronald D. & Galetovic,
Alexander. Least-present-value of revenue auctions and
highway franchising. 43p.
6709 Farber, Henry S. & Levy, Helen. Recent trends in
employer-sponsored health insurance coverage: are bad jobs
getting worse?. 46p.
6687 Froot, Kenneth A., O'Connell, Paul G.J. & Seasholes, Mark.
The portfolio flows of international investors. 37p.
6710 Fuchs, Victor R. Health, government, and Irving Fisher.
17p.
6642 Fuchs, Victor R. Provide, provide: the economics of aging.
32p.
6685 Fuest, Clemens & Huber, Bernd. Why do countries subsidize
investment and not employment?. 25p.
6701 Gaynor, Martin & Haas-Wilson, Deborah. Change,
consolidation, and competition in health care markets. 48p.
6695 Gibbons, Robert. Incentives in organizations. 26p.
6647 Greenwood, Jeremy & Jovanovic, Boyan. Accounting for
growth. 55p.
6681 Gustman, Alan L. & Steinmeier, Thomas L. Effects of
pensions on savings: analysis with data from the Health and
Retirement Study. 69p.
6674 Hall, Brian J. The pay to performance incentives of
executive stock options. 47p.
6690 Hanushek, Eric A., Kain, John F. & Rivkin, Steven O. Does
special education raise academic achievement for students
with disabilities?. 40p.
PAGE 85
6691 Hanushek, Eric A., Kain, John F. & Rivkin, Steven G.
Teachers, schools, and academic achievement. 39p.
6676 Hassett, Kevin A. & Hubbard, R. Glenn. Are investment
incentives blunted by changes in prices of capital goods?.
32p.
6699 Heckman, James, et al. Characterizing selection bias using
experimental data. 99p.
6673 Holmstrom, Bengt & Tirole, Jean. LAPM: a liquidity-based
asset pricing model. 72p.
6650 Jaeger, David A. & Stevens, Ann Huff. Is job stability in
the United States falling?: reconciling trends in the
Current Population Surveys and Panel Stud. 42p.
6698 Jensen, Richard & Thursby, Marie. Proofs and prototypes for
sale: the tale of university licensing. 38p.
6684 Kotlikoff, Laurence J. The Auerbach-Kotlikoff model: its
past, present, and future. 30p.
6718 Lemieux, Thomas & Card, David. Education, earnings and the
"Canadian G.I. Bill". 56p.
6675 McCallum, Bennett T. & Nelson, Edward. Nominal income
targeting in an open-economy optimizing market. 36p.
6648 Metrick, Andrew. Performance evaluation with transactions
data: the stock selection of investment newsletters. 50p.
6720 Nagaoka, Sadao. International trade aspects of competition
policy. 28p.
6662 Neal, Derek. The complexitiy of job mobility among young
men. 42p.
6682 Obstfeld, Maurice. EMU: ready, or not?. 37p.
6659 Poterba, James M. & Rueben, Kim S. Fiscal institutions and
public sector labor markets. 37p.
6680 Radelet, Steven & Sachs, Jeffrey. The onset of the East
Asian financial crisis. 80p.
6640 Samwick, Andrew A. Tax reform and target saving. 25p.
6645 Samwick, Andrew A. & Skinner, Jonathan. How will defined
contribution pension plans affect retirement income?. 42p.
6641 Shiller, Robert J. Social security and institutions for
intergenerational, intragenerational, and international risk
sharing. 56p.
6706 Sloan, Frank A., et al. Hospital ownership and cost and
quality of care: is there a dime's worth of difference?.
37p.
6702 Stock, James H. & Watson, Mark W. Diffusion indexes. 65p.
6692 Temin, Peter. The causes of American business cycles: an
essay in economic historiography. 38p.
6657 Young, Alwyn. Alternative estimates of productivity growth
in the NICs: a comment on the findings of Chang-Tai Hsieh.
61p.
6740 Acemoglu, Daron & Pischke, Jorn-Steffen. Beyond Becker:
training in imperfect labor markets. 37p.
6782 Agenor, Pierre-Richard & Aizenman, Joshua. Volatility and
the welfare costs of financial market integration. 42p.
6747 Aiyagari, S. Rao & Gertler, Mark. "Overreaction" of asset
prices in general equilibrium. 45p.
6746 Alesina, Alberto, Baqir, Reza & Easterly, William.
Redistributive public employment. 29p.
PAGE 86
6739 Andreoni, James & Levinson, Arik. The simple analytics of
the environmental Kuznets curve. 20p.
6736 Backus, David, Foresi, Silverio & Telmer, Chris.
Discrete-time models of bond pricing. 36p.
6760 Ball, Laurence. Policy rules for open economies. 28p.
6789 Becker, Gary S. & Mulligan, Casey B. Deadweight costs and
the size of government. 48p.
6724 Bekaert, Geert, Harvey, Campbell R. & Lumsdaine, Robin L.
Dating the integration of world equity markets. 63p.
6745 Berk, Jonathan B., Green, Richard C. & Naik, Vasant.
Valuation and return dynamics of new ventures. 52p.
6776 Berman, Eli & Bui, Linda T.M. Environmental regulation and
productivity: evidence from oil refineries. 34p.
6757 Betts, Julian R. & Lofstrom, Magnus. The educational
attainment of immigrants: trends and implications. 83p.
6759 Blomquist, Soren, Eklof, Matias & Newey, Whitney. Tax
reform evaluation using nonparametric methods: Sweden,
1980-1991. 36p.
6738 Bordo, Michael D., Eichengreen, Barry & Kim, Jongwoo. Was
there really an earlier period of international financial
integration comparable to today?. 67p.
6780 Borsch-Supan, Axel. Incentive effects of social security on
labor force participation: evidence in Germany and across
Europe. 27p.
6777 Bound, John, et al. The dynamic effects of health on the
labor force transitions of older workers. 40p.
6749 Campa, Jose Manuel & Goldberg, Linda S. Employment versus
wage adjustment and the U.S. dollar. 37p.
6766 Card, David & Payne, A. Abigail. School finance reform, the
distribution of school spending, and the distribution of SAT
scores. 57p.
6773 Carr, David L., Markusen, James R. & Maskus, Keith E.
Estimating the knowledge capital model of the multinational
enterprise. 43p.
6771 Cochrane, John H. Long-term debt and optimal policy in the
fiscal theory of the price level. 39p.
6783 Corsetti, Giancarlo, Pesenti, Paolo & Roubini, Nouriel.
Paper tigers?: a model of the Asian crisis. 43p.
6785 Davis, Donald R. & Weinstein, David E. An account of global
factor trade. 78p.
6787 Davis, Donald R. & Weinstein, David E. Market access,
economic geography and comparative advantage: an empirical
assessment. 60p.
6767 della Paolera, Gerardo & Taylor, Alan M. Economic recovery
from the Argentine Great Depression: institutions,
expectations and the change of macroeconomic r. 36p.
6737 Edelberg, Wendy, Eichenbaum, Martin & Fisher, Jonas D.M.
Understanding the effects of shock to government purchases.
46p.
6756 Edwards, Sebastian. Interest rate volatility, capital
controls and contagion. 40p.
6770 Feldstein, Martin. Income inequality and poverty. 12p.
6750 Freeman, Richard B. & Kleiner, Morris M. The last American
shoe manufacturers: changing the method of pay to survive
foreign competition. 46p.
PAGE 87
6755 Fuchs, Victor B. Health care for the elderly: how much? who
will pay for it?. 16p.
6735 Fuhrer, Jeffrey C. & Klein, Michael W. Risky habits: on
risk sharing, habit formation, and the interpretation of
international consumption correlations. 46p.
6748 Garber, Alan M., MaCurdy, Thomas E. & McClellan, Mark L.
Medical care at the end of life: diseases, treatment
patterns, and costs. 12p.
6722 Geanakoplos, John, Mitchell, Olivia S. & Zeldes, Stephen P.
Social security money's worth. 91p.
6713 Geanakoplos, John, Mitchell, Olivia S. & Zeldes, Stephen P.
Would a privatized social security system really pay a
higher rate of return?. 42p.
6725 Gompers, Paul A & Lerner, Josh. The determinants of
corporate venture capital success: organizational structure,
incentives, and complementarities. 48p.
6723 Gompers, Paul A. & Metrick, Andrew. Institutional investors
and equity prices. 47p.
6731 Goolsbee, Austan. Taxes and the quality of capital. 33p.
6741 Grossman, Gene M. & Maggi, Giovanni. Diversity and trade.
40p.
6762 Gruber, Jonathan. Health insurance and the labor market.
86p.
6744 Gruber, Jonathan, Kim, John & Mayzalin, Dina. Physician
fees and procedure intensity: the case of Cesarean delivery.
25p.
6761 Hamermesh, Daniel S. & Oster, Sharon M. Tools or toys?: the
impact of high technology on scholarly productivity. 27p.
6726 Hart, Oliver & Moore, John. Foundations of incomplete
contracts. 48p.
6752 Helpman, Elhanan. The structure of foreign trade. 40p.
6728 Hines, James R. "Tax sparing" and direct investment in
developing countries. 47p.
6765 Holderness, Clifford G. & Sheehan, Dennis P. Constraints on
large-block shareholders. 41p.
6729 Ito, Takatoshi, Ogawa, Eiji & Sasaki, Yuri Nagataki. How
did the dollar peg fail in Asia?. 66p.
6730 Ito, Takatoshi & Sasaki, Yuri Nagataki. Impacts on the
Basle capital standard on Japanese banks' behavior. 52p.
6772 Jaeger, David A., et al. Coding geographic areas across
census years: creating consistent definitions of
metropolitan areas. 43p.
6764 Jasso, Guillermina, Rosenzweig, Mark R. & Smith, James P.
The changing skill of new immigrants to the United States:
recent trends and their determinants. 44p.
6753 Klette, Tor Jakob & Griliches, Zvi. Empirical patterns of
firm growth and R & D investment: a quality ladder model
interpretation. 27p.
6727 La Porta, Rafael, et al. The quality of government. 61p.
6732 Lemieux, Thomas & MacLeod, W. Bentley. Supply side
hysteresis: the case of the Canadian unemployment insurance
system. 51p.
6743 Morton, Fiona M. Scott & Podolny, Joel M. Love or money?:
the effects of owner motivation in the California wine
industry. 43p.
PAGE 88
6769 Norberg, Karen. The effects of daycare reconsidered. 44p.
6751 Pesendorfer, Martin. Horizontal mergers in the paper
industry. 39p.
6774 Poterba, James M. Population age structure and asset
returns: an empirical investigation. 39p.
6775 Ramey, Valerie A. & Shapiro, Matthew D. Displaced capital.
58p.
6778 Razin, Assaf & Sadka, Efraim. Migration and pension. 20p.
6734 Razin, Assaf, Sadka, Efraim & Swagel, Phillip. Tax burden
and migration: a political economy theory and evidence.
27p.
6733 Rowland, Patrick F. & Tesar, Linda L. Multinationals and
the gains from international diversification. 59p.
6768 Taylor, John B. An historical analysis of monetary policy
rules. 53p.
6754 Taylor, John B. Staggered price and wage setting in
macroeconomics. 98p.
6742 Wei, Shang-Jin. Currency hedging and goods trade. 32p.
6786 Witt, Robert & Witte, Ann D. Crime, imprisonment, and
female labor force participation: a time-series approach.
20p.
UNIVERSITY OF NEW ENGLAND (Australia). Department of Econometrics.
98 Chotikapanich, Duangkamon & Griffiths, William E. Porterior
distributions for the Gini coefficienct using grouped data.
9p.
99 Doran, Howard E. A simple least squares covariance
estimator, consistent for autocorrelated error models. 24p.
97 Graham-Higgs, Jeremy, Rambaldi, Alicia N. & Davidson, Brian.
Is the Australian wool futures market efficient?. 25p.
UNIVERSITY OF NEW SOUTH WALES. School of Economics.
98-7 Harcourt, Geoff C. & Monadjemi, Mehdi S. The vital
contributions of John Cornwall to economic theory and
policy. 22p.
98-3 Lim, Jaekyu. Domestic environmental policies and trade
competitiveness: some empirical evidence from South Korea.
28p.
98-2 Lim, Jaekyu. Economic growth and environment: some
empirical evidence from South Korea. 20p.
98-1 Meagher, Kieron & Rogers, Mark. Networks, spillovers and
models of economic growth. 34p.
98-5 Monadjemi, Mehdi S. Money, prices and the exchange rate:
evidence from four OECD countries. 17p.
98-4 Stegman, Trevor. On the role of regulation in
union-employer bargaining. 19p.
98-6 YeungLamKo, Louis. The economic development of Mauritius
since independence. 65p.
98/9 Kemp, Murray C. & Shimomura, Koji. A second elementary
proposition concerning the formation of customs unions. 7p.
9810 Monadjemi, Mehdi S. & Huh, Hyeon-seung. Money and economic
activity: some international evidence. 12p.
PAGE 89
9812 Robertson, Peter E. Economic growth and the return to
capital in developing nations. 31p.
9811 Robertson, Peter E. Growth accounting, growth theory and
the East Asian miracle. 22p.
NEW YORK UNIVERSITY. Salomon Center (Stern Sch. of Bus.)
9732 Ahn, Dong-Hyun, et al. Optimal risk management using
options. 20p.
9739 Altman, Edward I. & Suggitt, Heather J. Default rates in
the syndicated bank loan market: a mortality analysis. 29p.
98-1 Altman, Edward I. & Kishore, Vellore M. Defaults and
returns on high yield bonds: analysis through 1997. 32p.
98-2 Altman, Edward I. & Saxman, M. Christian. The investment
performance of defaulted bonds and bank loans: 1987-1997 and
market outlook. 27p.
9734 Backus, David, et al. Accounting for biases in
Black-Scholes. 40p.
9735 Backus, David, et al. Predictable changes in yields and
forward rates. 43p.
98-5 Balduzzi, Pierluigi, Elton, Edwin J. & Green, T. Clifton.
Economic news and the yield curve: evidence from the U.S.
Treasury market. 45p.
9727 Ballester, Marta, Livnat, Joshua & Seethamaraju,
Chandrakanth. Individual firm style loadings, unrecorded
economic assets and systematic risks. 33p.
9811 Banks, Jeffrey S. & Sundaram, Rangarajan K. Optimal
retention in agency problems. 28p.
9731 Boudoukh, Jacob, Richardson, Matthew & Whitelaw, Robert F.
The best of both worlds: a hybrid approach to calculating
value at risk. 11p.
98-7 Brown, Paul R., Calderon, Jeanne A. & Lev, Baruch.
Documented disputes involving auditor independence: a
preliminary report. 25p.
9819 Brown, Stephen J., et al. The Japanese open-end fund
puzzle. 45p.
9817 Brown, Stephen J., Goetzmann, William N. & Kumar, Alok. The
Dow theory: William Peter Hamilton's track record
reconsidered. 42p.
9818 Brown, Stephen J., Goetzmann, William N. & Ibbotson, Roger
G. Offshore hedge funds: survival and performance
1989-1995. 37p.
9740 Choey, Mark & Weigend, Andreas. Nonlinear trading models
through Sharpe Ratio maximization. 22p.
9812 Das, Sanjiv Ranjan & Sundraram, Rangarajan K. Of smiles and
smirks: a term structure perspective. 42p.
9733 Deyoung, Robert, Goldberg, Lawrence G. & White, Lawrence J.
Youth, adolescence, and maturity of banks: credit
availability to small business in an era of banking
consolidation. 34p.
9742 Elton, Edwin J., Gruber, Martin J. & Blake, Christopher R.
Common factors in mutual fund returns. 24p.
9814 Engle, Robert F. & Rosenberg, Joshua V. Testing the
volatility term structure using option hedging criteria.
28p.
PAGE 90
98-8 Figlewski, Stephen. Derivatives risks, old and new. 53p.
98-9 Kim, Woojin & White, Lawrence J. The impact of mergers on
U.S. bank performance. 27p.
9736 LeBaron, Blake & Weigend, Andreas S. A bootstrap evaluation
of the effect of data splitting on financial time series.
8p.
9744 Lynch, Anthony & Balduzzi, Pierluigi. The impact of
predictability and transaction costs on portfolio choice in
a multiperiod setting. 36p.
9743 Lynch, Anthony W. & Musto, David K. Understanding fee
structures in the asset management business. 45p.
9728 Morrin, Maureen, et al. Distinguishing better from poorer
decision makers: a study of risk propensity in the face of
gains and losses. 30p.
9813 Pertoni, Kathy R., Ryan, Stephen G. & Wahlen, James M. The
risk- and value-relevance of revisions of accrual estimates:
evidence from property-casualty insurers' loss res. 42p.
9816 Rosenberg, Joshua V. Pricing multivariate contingent claims
using estimated risk-neutral density functions. 21p.
9815 Rosenberg, Joshua V. & Engle, Robert F. Empirical pricing
kernels. 41p.
9726 Saunders, Anthony, Wilson, Berry & Caprio, Gerard. Mexico's
banking crisis: devaluation and asset concentration effects.
36p.
9741 Shi, Shanming & Weigend, Andreas S. Taking time seriously:
hidden Markov experts applied to financial engineering. 9p.
9810 Shull, Bernard & White, Lawrence J. Of firewalls and
subsidiaries: the right stuff for expanded bank activities.
44p.
98-6 Sobel, Matthew J. Discounting almost implies bank
neutrality. 23p.
9737 Timmer, Jens & Weigend, Andreas S. Modeling volatility
using state space models. 18p.
9738 Weigend, Andreas S. & Zimmermann, Hans G. Exploting local
relations as soft constraints to improve forecasting. 20p.
9730 Whitelaw, Robert F. Stock market risk and return: an
equilibrium approach. 40p.
9729 Whitelaw, Robert F. Time-varying Sharpe Ratios and market
timing. 26p.
98-3 Yao, Jian. Market making in the interbank foreign exchange
market. 70p.
98-4 Yao, Jian. Spread components and dealer profits in the
interbank foreign exchange market. 54p.
9829 Altman, Edward I. Corporate bankruptcy and financial
markets: an overview. 6p.
9822 Brenner, Menachem, Sundaram, Rangarajan K. & Yermack, David.
Altering the terms of executive stock options. 34p.
9830 Brief, Richard P. Comparing the return series for two sets
of accounting policies over short time horizons. 30p.
9820 Das, Sanjiv Ranjan. The regulation of fee structures in
mutual funds: a theoretical analysis. 47p.
9827 Gupta, Anurag & Subrahmanyam, Marti G. An empirical
examination of the convexity bias in the pricing of interest
rate swaps. 65p.
PAGE 91
9821 Katz, Barbara G. & Owen, Joel. The impact of voucher
privatization on efficiency. 38p.
9826 Peterson, Sandra, Stapleton, Richard C. & Subrahmanyam,
Marti G. An arbitrage-free two factor model of the term
structure of interest rates: a multivariate binomial
approach. 30p.
9824 Rousseau, Peter L. & Wachtel, Paul. Equity markets and
growth: cross-country evidence on timing and outcomes,
1980-1995. 42p.
9825 Stapleton, Richard C. & Subrahmanyam, Marti G. Arbitrage
restrictions and multi-factor models of the term structure
of interest rates. 30p.
9828 White, Lawrence J. Unilateral international financial
openness: the experience of the U.S. financial services
sector. 51p.
9833 Amihud, Yakov, Garbade, Kenneth & Kahan, Marcel. An
institutional innovation to reduce the agency costs of
public corporate bonds. 21p.
9834 Amihud, Yakov, Mendelson, Haim & Uno, Jun. Number of
shareholders and stock prices: evidence from Japan. 26p.
9831 Eom, Young Ho, Subrahmanyam, Marti G. & Uno, Jun. Coupon
effects and the pricing of Japanese government bonds: an
empirical analysis. 35p.
9835 Eom, Young Ho, Subrahmanyam, Marti G. & Uno, Jun. Credit
risk and the pricing of Japanese Yen interest rate swaps.
48p.
9832 Fluck, Zsuzsanna, Holtz-Eakin, Douglas & Rosen, Harvey S.
Where does the money come from?: the financing of small
entrepreneurial enterprises. 42p.
9840 Backus, David, Foresi, Silverio & Telmer, Chris.
Discrete-time models of bond pricing. 34p.
9841 Diebold, Francis X., Schuermann, Til & Stroughair, John D.
Pitfalls and opportunities in the use of extreme value
theory in risk management. 10p.
9842 Diebold, Francis X., Hahn, Jinyong & Tay, Anthony S.
Real-time multivariate density forecast evaluation and
calibration: monitoring the risk of high frequency returns
o. 35p.
9837 Gao, Bin, Huang, Jin-Zhi & Subramanyam, Marti. The
valuation of American barrier options using the
decomposition technique. 38p.
9839 Garbade, Kenneth G. Managerial discretion and the
contingent valuation of corporate securities. 17p.
9838 Shapira, Zur & Venezia, Itzhak. Patterns of behavior in
professionally managed and independent investors. 32p.
NEW YORK UNIVERSITY. Stern School of Business.
9803 Economides, Nicholas. Raising rivals' costs in
complementary goods markets: LECs entering into long
distance and Microsoft bundling Inter. 25p.
9801 Economides, Nicholas. The tragic inefficiency of the M-ECPR
(market determined efficient component pricing rule). 17p.
9804 Economides, Nicholas. U.S. telecommunications today. 10p.
PAGE 92
9802 Economides, Nicholas & Flyer, Fredrick. Compatability and
market structure for network goods. 40p.
9709 Ghosh, Atish R., et al. Does the nominal exchange rate
regime matter?. 29p.
9710 Sato, Ryuzo, Ramachandran, Rama & Kim, Youngduk. Estimation
of biased technical progress. 19p.
9806 Greene, William. Gender economics courses in liberal arts
colleges: comment. 9p.
9805 Greene, William. Marginal effects in the censored
regression model. 7p.
9807 White, Lawrence J. Microsoft and browsers: are the
antitrust problems really new?. 23p.
9808 Economides, Nicholas. The Telecommunications Act of 1996
and its impact. 39p.
9809 Rousseau, Peter L. & Wachtel, Paul. Equity markets and
growth: cross-country evidence on timing and outcomes,
1980-1995. 42p.
9811 Economides, Nicholas. Competition and vertical integration
in the computing industry. 11p.
9810 Wachtel, Paul. Current account balances and external debt
in transition economies: lessons for Central Asia. 21p.
9812 White, Lawrence J. Financial services in the U.S.: the next
decade. 21p.
9814 Antzoulatos, Angelos A. Arbitrage opportunities on the road
to stabilization and reform. 29p.
9816 Diebold, Francis X. & Kilian, Lutz. Measuring
predictability: theory and macroeconomic applications. 32p.
9815 Diebold, Francis X., Tay, Anthony S. & Wallis, Kenneth F.
Evaluating density forecasts of inflation: the Survey of
Professional Forecasters. 24p.
9813 Lopomo, Guiseppe & Ok, Efe A. Bargaining, interdependence,
and the rationality of fair division. 33p.
NORTHWESTERN UNIVERSITY. Center for Math Studies in Econ & Mgmt Sci
1210 Baliga, Sandeep & Sjostrom, Tomas. Decentralization and
collusion. 32p.
1213 Baliga, Sandeep & Sjostrom, Tomas. Not invented here. 28p.
1215 Baron, David P. & Diermeier, Daniel. Dynamics of
parliamentary systems: selections, governments, and
parliaments. 53p.
1206 Dekel, Eddie & Piccione, Michele. On the equivalence of
simultaneous and sequential binary elections. 25p.
1211 Faynzilberg, Peter S. Factorization and decomposition of
relations. 7p.
1205r Kalai, Ehud & Ledyard, John O. Repeated implementation.
14p.
1212 Klibanoff, Peter. Stochastic independence and uncertainty
aversion. 21p.
1209 Morris, Stephen. An instrumental theory of political
correctness. 35p.
1214 Myerson, Roger B. Comparison of scoring rules in Poisson
voting games. 41p.
1198 Sandholm, William H. An evolutionary approach to
congestion. 56p.
PAGE 93
1207 Schummer, James. Manipulation through bribes. 19p.
1208 Van Mieghem, Jan A. Capacity investment under demand
uncertainty: the option value of subcontracting. 24p.
1223 Al-Najjar, Nabil I. A reputational model of authority.
37p.
1222 Anand, Krishnan S. & Mendelson, Haim. Postponement and
information in a supply chain. 35p.
1221 Baliga, Sandeep & Polak, Ben. Banks versus bonds: the
emergence and persistence of two financial systems. 34p.
1220 Bergemann, Dirk & Valimaki, Juuso. Experimentation in
markets. 43p.
1218 Casadesus-Masanell, Ramon, Klibanoff, Peter & Ozdenoren,
Emre. Maximin expected utility over Savage acts with a set
of priors. 49p.
1219 Ciccone, Antonio & Matsuyama, Kiminori. Efficiency and
equilibrium with dynamic increasing aggregate returns due to
demand complementarities. 31p.
1225 Ma, Jinpeng. Strategic formation of coalitions. 24p.
1224 Miller, Nolan H. & Pazgal, Amit. The equivalence of price
and quantity competition with incentive scheme commitment.
21p.
1216 Myerson, Roger B. Political economics and the Weimar
disaster. 34p.
1217 Reiter, Stanley. Interdependent preferences and groups of
agents. 35p.
1226 Solan, Eilon & Vieille, Nicholas. Correlated equilibrium in
stochastic games. 28p.
NORWEGIAN SCHOOL OF ECONOMICS & BUSINESS ADMINISTRATION.
18/97 Bjerksund, Petter & Schjelderup, Guttorm. The political
economy of capital controls and tax policy in a small open
economy. 23p.
19/97 Salvanes, Kjell G., Steen, Frode & Sorgard, Lars. Hotelling
in the air?: flight departures in Norway. 31p.
17/97 Thogersen, Oystein. Reforming social security: assessing
the effects of alternative funding strategies in a small
open economy. 22p.
4/98 Klovland, Jan Tore. Monetary policy and business cycles in
the interwar years: the Scandinavian experience. 37p.
1/98 Lommerud, Kjell Erik & Sorgard, Lars. Trade liberalization
and cartel stability. 24p.
6/98 Osmundsen, Petter. Corporate taxation under endogenous
mobility. 26p.
3/98 Sandmo, Agnar. The welfare state: a theoretical framework
for justification and criticism. 30p.
5/98 Schjelderup, Guttorm & Weichenrieder, Alfons J. Trade,
multinationals, and transfer pricing regulations. 24p.
2/98 Tungodden, Bertil. Social choices with independent norm
levels. 27p.
7/98 Kind, H.J., Knarvik, K.H.M. & Schjelderup, G. Industrial
agglomeration and capital taxation. 21p.
8/98 Sandmo, Agnar. Efficiency environmental policy with
imperfect compliance. 27p.
PAGE 94
10/98 Gabrielsen, Tommy Staahl & Schjelderup, Guttorm. Joint
ventures and transfer pricing rivalry. 27p.
9/98 Kristiansen, Eirik Gaard. Innovation in durable-goods
markets. 21p.
11/98 Olsen, Trond E. & Osmundsen, Petter. Strategic tax
competition: implications of national ownership. 47p.
15/98 Brunstad, Rolf Jens, Gaasland, Ivar & Vardal, Erling.
Deregulation of the Norwegian market for milk products.
17p.
16/98 Fehr, Hans & Wiegard, Wolfgang. The incidence of an
extended ACE corporation tax. 31p.
14/98 Haaland, Jan I. & Wooton, Ian. International competition
for multinational investment. 28p.
17/98 Konrad, Kai A. & Schjelderup, Guttorm. Fortress building in
global tax competition. 16p.
13/98 Nilssen, Tore & Sorgard, Lars. A public firm challenged by
entry: duplication or diversity?. 32p.
12/98 Osmundsen, Petter. Learning-by-doing: consequences for
incentive design. 8p.
24/98 Brun, Bernt Christian & Tungodden, Bertil. The indexing
impasse: is the "intersection approach" a solution?. 14p.
19/98 Haaland, Jan I., et al. What determines the economic
geography of Europe?. 33p.
20/98 Klette, Tor Jakob & Moen, Jarle. From growth theory to
technology policy: coordination problems in theory and
practice. 27p.
21/98 Moen, Jarle. Trade and development: is south-south
cooperation a feasible strategy?. 24p.
18/98 Salvanes, Kjell G., Steen, Froda & Sorgard, Lars. Collude,
compete, or both?: deregulation in the Norwegian airline
industry. 30p.
22/98 Salvanes, Kjell G., Burgess, Simon & Lane, Julia. Sources
of earnings dispersion in a linked employer-employee
dataset: evidence from Norway. 33p.
23/98 Tungodden, Bertil. Poverty measurement: the critical
comparison value. 12p.
UNIVERSIDADE NOVA DE LISBOA. Faculdade de Economia.
301 Aboudi, Ronny, Barcia, Paulo & Monteiro, Rui Sousa.
Clustering with geographic continuity. 10p.
302 Baleiras, Rui Nuno. Electoral defeats and local political
expenditure cycles. 8p.
308 Barros, Pedro Pita & Garoupa, Nuno. An economic theory of
church location. 16p.
306 Barros, Pedro Pita. Public health expenditure and the
budget constraint. 19p.
315 Cunha-e-Sa, Maria & Ducla-Soares, Maria. Testing
rationality in contingent valuation. 11p.
316 de Pinho, Paulo Soares. An empirical analysis of the
determinants of provisions for loan losses in Portuguese
banks. 14p.
312 de Pinho, Paulo Soares. The impact of the single market
programme and the preparations for EMU in Portuguese
banking. 27p.
PAGE 95
310 Ejarque, Joao. The correlation between consumption and
investment in a model of variable capital utilization wtih
shocks to the ma. 14p.
311 Herves-Beloso, Carlos & Moreno-Garcia, Emma. The veto
mechanism revisited. 16p.
314 Nunes, Luis C., Cunha-de-Sa, Maria & Ducla-Soares, Maria.
Testing for rationality: the case of discrete choice data.
9p.
307 Reis, Ana Balcao. On the welfare effects of foreign
investment. 35p.
OHIO STATE UNIVERSITY. Department of Economics.
9801 Bidarkota, Prasad V. & Crucini, Mario J. Commodity prices
and the terms of trade. 23p.
9802 Ogaki, Masao & Zhang, Quang. Decreasing relative risk
aversion and tests of risk sharing. 36p.
9804 Cecchetti, Stephen G., Lam, Pok-Sang & Mark, Nelson C.
Asset pricing with distorted beliefs: are equity returns too
good to be true?. 25p.
9805 Mark, Nelson C. & Wu, Yangru. Rethinking deviations from
uncovered interest parity: the role of covariance risk and
noise. 29p.
9803 Su, Dongwei & Fleisher, Belton M. Why does return
volatility differ in Chinese stock markets. 12p.
9806 Weinberg, Bruce A. Computer use and the demand for women
workers. 46p.
9807 Zhao, Jingang. Non-empty core as a precondition for
horizontal merger: core existence without using
balancedness. 29p.
9808 Carrasco, Marine. Chi-square test when a nuissance
parameter is present only under the alternative. 27p.
9813 Clower, Robert & Howitt, Peter. Keynes and the classics: an
end of century view. 15p.
9809 Evans, Paul. Income dynamics in regions and countries.
29p.
9811 Gould, Eric D., Weinberg, Bruce A. & Mustard, David. Crime
rates and local labor market opportunities in the United
States: 1979 - 1995. 54p.
9817 Light, Audrey & Strayer, Wayne. Determinants of college
completion: school quality or student ability?. 34p.
9816 Light, Audrey & Strayer, Wayne. From Bakke to Hopwood: does
race affect college attendance and completion?. 29p.
9815 Light, Audrey & Omori, Yoshiaki. Unemployment insurance and
job quits. 52p.
9814 Mark, Nelson C. Fundamentals of the real dollar-pound rate,
1871-1994. 22p.
9812 McCulloch, J. Huston & Kochin, Levis A. The inflation
premium implicit in the U.S. real and nominal term
structures of interest rates. 27p.
9810 Weinberg, Bruce A. Testing the spatial mismatch hypothesis
using inter-city variations in industrial composition. 53p.
OSAKA UNIVERSITY. Institute of Social and Economic Research.
451 Choi, Jay Pil. Brand extension as informational leverage.
27p.
PAGE 96
453 Gotoh, Reiko & Yoshihara, Naoki. A game form approach to
theories of distributive justice: formalizing needs
principle. 36p.
447 Horioka, Charles Y. Japan's public pension system: what's
wrong with it and how to fix it. 13p.
449 Kidokoro, Yukihiro. Rate of return and price cap
regulations for urban railways. 50p.
452 Kiyono, Kazuharu & Okuno-Fujiwara, Masahiro. Global
environmental management: incentives for abatement
investment anticipating an international bargaining. 44p.
450 Matsui, Akihiko & Okuno-Fujiwara, Masahiro. Evolution and
interaction of social norms. 29p.
448 Sjostrom, Tomas. Undominated Nash implementation with
collusion and renegotiation. 14p.
460 Gotoh, Reiko & Yoshihara, Naoki. A social procedure for
choosing fair allocation rules: formalizing the Rawlsian
principles of justice. 32p.
456 Lahiri, Sajal & Ono, Yoshiyasu. Export-oriented foreign
direct investment and local content requirement. 17p.
457 Yoshihara, Naoki. Characterizations of the public and
private ownership solutions. 28p.
462 Kidokoro, Yukihiro. Regulating a monopoly with quality
choice under asymmetric information. 24p.
463 Ogawa, Kazuo & Abe, Kazutomo. Trends and determinants of
Japanese saving rates. 72p.
461 Ono, Yoshiyasu, Ogawa, Kazuo & Yoshida, Atsushi. Liquidity
preference and persistent unemployment with dynamic
optimizing agents. 18p.
UNIVERSITY OF OTTAWA. Department of Economics.
9710 Coulombe, Serge & Day, Kathleen M. Regional convergence in
Canada and the United States: does the border matter?. 41p.
9708 Day, Kathleen M. & Devlin, Rose Anne. The nonprofit sector
and public policy in Canada. 24p.
9711 Grafton, R. Quentin & Barham, Vicky. Rewriting Rio: what's
wrong with the convention on climate change?. 33p.
9713 White, Graham. Increasing flexibility in relative labour
costs as a means of reducing unemployment: do the
theoretical foundations. 33p.
9712 White, Graham. Macroeconomics and the choice of technique:
long-period coherence and the "Keynes effect". 50p.
9802 Eslamloueyan, K. Innovation, strategic environmental policy
and North-South trade: a game theoretic analysis. 33p.
9803 Finnie, R. & Gray, D. The dynamics of the earnings
distribution in Canada: an econometric analysis. 58p.
9804 Grafton, R. Quentin, Squires, Dale & Fox, Kevin J. Private
property and economic efficiency: a study of a common-pool
resource. 48p.
UNIVERSITY OF OXFORD. Nuffield College.
140 Redding, Stephen. Dynamic comparative advantage and the
welfare effects of trade. 35p.
PAGE 97
139 Smith, Lones & Sorensen, Peter. Informational herding and
optimal experimentation. 24p.
141 Barndorff-Nielsen, Ole E. & Shephard, Neil. Aggregation and
model construction for volatility models. 36p.
142 Hall, Bronwyn, et al. Does cash flow cause investment and R
& D: an exploration using panel data for French, Japanese &
U.S. scientific f. 37p.
143 Hall, Bronwyn, Mairesse, Jacques & Mulkay, Benoit.
Firm-level investment in France and the United States: an
exploration of what we have learned in twenty years. 51p.
144 Proudman, James & Redding, Stephen. Evolving patterns of
international trade. 35p.
145 Bliss, Christopher. The ergodic distribution of wealth with
random shocks. 31p.
146 Elerian, Ola, Chib, Siddhartha & Shephard, Neil. Likelihood
inference for discretely observed non-linear diffusions.
43p.
UNIVERSITY OF PENNSYLVANIA. Center for Analytic Research in Econ.
9715 Anderlini, Luca & Sabourian, Hamid. Cooperation and
computability in n-player games. 54p.
9716 Calem, Paul & Rob, Rafael. The impact of capital-based
regulation on bank risk-taking: a dynamic model. 39p.
9717 Felli, Leonardo & Ortalo-Magne, Francois. Technological
innovations: slumps and booms. 25p.
9801 Mailath, George J. Do people play Nash equilibrium?:
lessons from evolutionary game theory. 41p.
9809 Corradi, Valentina & Ianni, Antonella. Consensus and
co-existence in an interactive process of opinion formation.
16p.
9803 Halevy, Yoram. Trade between rational agents as a result of
asymmetric information. 30p.
9805 Ianni, Antonella. Learning correlated equilibria in
potential games. 31p.
9808 Lizzeri, Alessandro & Persico, Nicola. The provision of
public goods under alternative electoral incentives. 31p.
9807 Mailath, George J. & Morris, Stephen. Repeated games with
imperfect private monitoring: notes on a coordination
perspective. 26p.
9806 Mailath, George J., Samuelson, Larry & Shaked, Avner.
Endogenous inequality in integrated labor markets with
two-sided search. 47p.
9802 Shachmurove, Yochanan. Japan's enigmatic coexistence of
strong currency and trade surplus. 9p.
9804 Shachmurove, Yochanan & Leker, Tikva. The effects of
immigration on socioeconomic gaps in a labor managed system
in a competitive system. 25p.
9810 Corradi, Valentina & Ianni, Antonella. Ergodicity and
clustering in opinion formation. 33p.
9812 Mailath, George J. & Samuelson, Larry. Who wants a good
reputation?. 26p.
9811 Mailath, George J. & Samuelson, Larry. Your reputation is
who you're not, not who you'd like to be. 39p.
PAGE 98
UNIVERSITY OF PENNSYLVANIA. Institute for Economic Research.
9744 Coate, Stephen. Welfare economics and the evaluation of
policy changes. 26p.
9801 Mailath, George J. Do people play Nash equilibrium?:
lessons from evolutionary game theory. 42p.
9805 Bils, Mark & Chang, Yongsung. Wages and the allocation of
hours and effort. 43p.
9803 Chang, Yongsung. Comovement, excess volatility, and home
production. 27p.
9807 Chang, Yongsung. Wages, business cycles, and comparative
advantage. 50p.
9804 Mailath, George J. & Morris, Stephen. Repeated games with
imperfect private monitoring: notes on a coordination
perspective. 26p.
9806 Mailath, George J. & Samuelson, Larry. Your reputation is
who you're not, not who you'd like to be. 39p.
9802 Mailath, George J., Samuelson, Larry & Shaked, Avner.
Endogenous inequality in integrated labor markets with
two-sided search. 47p.
9808 Cole, Harold L., Mailath, George J. & Postlewaite, Andrew.
Efficient non-contractible investments. 45p.
9810 Ethier, Wilfred J. Regionalism in a multilateral world.
35p.
9811 Ethier, Wilfred J. Unilateralism in a multilateral world.
38p.
9809 Mailath, George J & Samuelson, Larry. Who wants a good
reputation?. 26p.
UNIVERSITAT POMPEU FABRA. Economics Working Papers.
224 Courty, Pascal & Hao, Li. Sequential screening. 33p.
234 Fuster, Luisa. Is altruism important for understanding the
long-run effects of social security?. 32p.
233 Hauk, Esther & Hurkens, Sjaak. Secret information
acquisition in Cournot markets. 27p.
227 Marianov, Vladimir, Serra, Daniel & Revelle, Charles.
Location of hubs in a competitive environment. 21p.
225 Marin, Jose M. & Olivier, Jacques. Constraints and
non-existence of rational expectations equilibria. 22p.
223 Marin, Jose M. & Rahi, Rohit. Speculative securities. 21p.
229 Mulligan, Casey B. & Sala-i-Martin, Xavier. The optimum
quantity of money: theory and evidence. 51p.
230 Nagel, Rosemarie & Vriend, Nicholaas J. An experimental
study of adaptive behavior in an oligopolistic market game.
37p.
231 Oliva, Maria-Angels & Rivera-Batiz, Luis A. Multinationals,
technology networks and international takeovers. 43p.
235 Shioji, Etsuro. Convergence in panel data: evidence from
the skipping estimation. 20p.
236 Shioji, Etsuro. It's still 2%: evidence on convergence from
116 years of the U.S. states panel data. 15p.
226 Viader, Pelegri, Paradis, Jaume & Bibiloni, Lluis. A new
light on Minkowski's ? (x) function. 19p.
PAGE 99
248 Canova, Fabio & Ravn, Morten O. Crossing the Rio Grande:
migrations, business cycles and the welfare state. 53p.
243 Costain, James S. Unemployment insurance with endogenous
search intensity and precautionary saving. 69p.
176 Freixas, Xavier & Parigi, Bruno. Contagion and efficiency
in gross and net interbank payment systems. 38p.
249 Fuster, Luisa. Effects of uncertain lifetime and annuity
insurance on capital accumulation and growth. 25p.
246 Garoupa, Nuno. The economics of organized crime and optimal
law enforcement. 18p.
245 Garoupa, Nuno. The role of moral values in the economic
analysis of crime: a general equilibrium approach. 25p.
242 Gil, Joan & Lopez-Casasnovas, G. Life-time redistribution
effects of the Spanish public pension system. 37p.
241 Gomes, Armando, Hart, Sergiu & Mas-Colell, Andreu. Finite
horizon bargaining and the consistent field. 30p.
240 Lopez-Nicolas, Angel. Unobserved heterogeneity and
censoring in the demand for health care. 26p.
244 Marcet, Albert & Nicolini, Juan Pablo. Recurrent
hyperinflations and learning. 44p.
238 Medrano, Luis A. & Vives, Xavier. Strategic behaviour and
price discovery. 52p.
251 Moya, Soledad, Amat, Oriol & Blake, John. The drive for
quality: the impact on accounting in the wine industry.
24p.
239 Paradis, Jaume, Viader, Pelegri & Bibiloni, Lluis. A
mathematical excursion: from the three-door problem to a
Cantor-type perfect set. 12p.
247 Ravn, Morten O. & Sola, Martin. Asymmetric effects of
monetary policy in the U.S.: positive vs. negative or big
vs. small?. 37p.
237 Rodriguez-Palenzuela, Diego. The growth and diffusion of
knowledge and the theory of the firm. 37p.
262 Costain, James S. On the quantitative importance of wage
bargaining. 40p.
257 Cuxart i Jardi, Anna & Longford, Nicholas T. Monitoring the
university admissions process in Spain. 19p.
250 Delicado, Pedro, Castro, Fidel & Da Rocha, Jose M. Seeking
thetas desperately: estimating the distribution of consumers
under increasing block rates. 24p.
258 Fosfuri, Andrea, Motta, Massimo & Ronde, Thomas. Foreign
direct investments and spillovers through workers' mobility.
37p.
252 Kugler, Adriana D. Employee referrals and the
inter-industry wage structure. 68p.
232 Oliva, Maria-Angels & Rivera-Batiz, Luis A. Strategic
conglomeration. 30p.
253 Ueda, Masako. Expertise and finance: mergers motivated by
technological change. 27p.
261 Arrunada, Benito & Gonzalez, Manuel. How competition
controls team production: the case of fishing firms. 40p.
269 Bosch-Domenech, Antoni & Vriend, Nicolaas J. Do boundedly
rational people imitate?. 23p.
259 Cabrales, Antonio & Motta, Massimo. Country asymmetries,
endogenous product choice and the speed of trade
liberalization. 35p.
PAGE 100
260 Cabrales, Antonio & Hopenhayn, Hugo A. Job dynamics,
correlated shocks and wage profiles. 23p.
255 Jardi, Anna Cuxart, Recober, Manuel M. & Julia, Ferran F.
Algunos factores que inciden en el rendimiento y an la
evaluacion de los alumnos en las PAAU. 28p.
254 Moreno, Manuel. Risk management under a two-factor model of
the term structure of interest rates. 47p.
266 Paradis, Jaume, Viader, Pelegri & Biblioni, Lluis. A total
order in [0,1] defined through a `next' operator. 14p.
256 Saint-Paul, Gilles. Employment protection, international
specialization, and innovation. 26p.
UNIVERSIDADE CATOLICA PORTUGUESA. Departamento de Economia.
87 Machado, Fernando S. Agricultural policy decisions when the
politicians are sensitive to the environmental lobby...
16p.
93 Martins, Ana Paula. Unemployment and wages and
centralization in wage bargaining: some analytical
explanations. 13p.
88 Martins, Ana Paula. Union duopoly with homogeneous labor.
70p.
91 Martins, Ana Paula. Union duopoly with homogeneous labor:
the effect of membership and employment constraints. 62p.
90 Martins, Ana Paula. Union duopoly with homogeneous labor:
the effect of wage controls. 83p.
92 Martins, Ana Paula. Union membership and wage
determination: can monopsonist unions reduce unemployment?.
32p.
89 Neves, Joao Cesar das. Aquinas on wealth: a rejection of
Aristotle. 6p.
96 Martins, Ana Paula. Human capital earnings functions: the
Portuguese case. 44p.
95 Martins, Ana Paula. A Nash-based union's utility function
with an application to Portuguese aggregate data. 26p.
98 Martins, Ana Paula. Unemployment insurance and union
behavior: comparison of some paradigms and endogenous
membership. 33p.
97 Martins, Ana Paula & Amado da Silva, Jose M. Concentration
and other wage determinants: Portuguese evidence. 77p.
PRINCETON UNIVERSITY. Industrial Relations Section.
394 Farber, Henry S. Has the rate of job loss increased in the
nineties?. 13p.
395 Krueger, Alan B. Reassessing the view that American schools
are broken. 34p.
396 Rouse, Cecilia E. Schools and student achievement: more
evidence from the Milwaukee Parental Choice Program. 31p.
397 Gronau, Reuben. A useful interpretation of R2 in binary
choice models (or, have we dismissed the good old R2
prematurely?). 12p.
399 Lee, David S. Wage inequality in the U.S. during the 1980s:
rising dispersion or falling minimum wage?. 72p.
PAGE 101
398 Levy, Helen. Who pays for health insurance?: employee
contributions to health insurance premiums. 60p.
401 Angrist, Joshua D. & Krueger, Alan B. Empirical strategies
in labor economics. 118p.
400 Farber, Henry S. Mobility and stability: the dynamics of
job change in labor markets. 65p.
402 Farber, Henry S. & Levy, Helen. Recent trends in
employer-sponsored health insurance coverage: are bad jobs
getting worse?. 46p.
404 Bertrand, Marianne & Mullainathan, Sendhil. Executive
compensation and incentives: the impact of takeover
legislation. 39p.
406 Bertrand, Marianne & Mullainathan, Sendhil. Is there
discretion in wage setting?: a test using takeover
legislation. 38p.
405 Bertrand, Marianne, Luttmer, Erzo F.P. & Mullainathan,
Sendhil. Network effects and welfare cultures. 50p.
403 Krueger, Alan B. & Wu, Stephen. Forecasting successful
economics graduate students. 22p.
407 Ashenfelter, Orley & Rouse, Cecilia. Schooling,
intelligence, and income in America: cracks in the Bell
Curve. 29p.
409 Dale, Stacy B. & Krueger, Alan B. Estimating the payoff to
attending a more selective college: an application of
selection on observables and unobser. 50p.
408 Greenstone, Michael. The impacts of environmental
regulation on industrial activity: evidence from 1970 and
1977 Clean Air Act amendment. 57p.
PRINCETON UNIVERSITY. International Finance Section-Essays.
205 McCauley, Robert N. The Euro and the dollar. 83p.
206 Laubach, Thomas & Posen, Adam S. Disciplined discretion:
monetary targeting in Germany and Switzerland. 40p.
207 Fischer, Stanley, et al. Should the IMF pursue capital
account convertibility?. 75p.
208 Kindleberger, Charles P. Economic and financial crises and
transformations in 16th century Europe. 27p.
209 Obstfeld, Maurice. EMU: ready, or not?. 31p.
210 Ethier, Wilfred J. The international commercial system.
33p.
PRINCETON UNIVERSITY. International Finance Section-Studies.
84 Buiter, Willem, Corsetti, Giancarlo M. & Pesenti, Paolo A.
Interpreting the European exchange rate mechanism crisis:
country specific and systemic issues. 70p.
PRINCETON UNIVERSITY. Woodrow Wilson School-Papers in Economics.
195 Baye, Michael R. & Morgan, John. Information gatekeepers
and the competitiveness of homogeneous product markets.
30p.
191 Dixit, Avinash, Grossman, Gene M. & Gul, Faruk. A theory of
political compromise. 45p.
PAGE 102
192 Grossman, Gene M. & Maggi, Giovanni. Diversity and trade.
40p.
197 Hsieh, Chang-Tai. Bargaining over reform. 18p.
198 Hsieh, Chang-Tai. Measuring biased technological change.
22p.
196 Hsieh, Chang-Tai. What explains the Industrial Revolution
in East Asia?: evidence from factor markets. 42p.
199 Moran, John & Morgan, John. Lake Wobegon revisited:
equilibrium embellishment and discrimination in recruiting.
30p.
194 Morgan, John. Is timing everything?: a model of endogenous
sequential contests. 21p.
200 Morgan, John & Sefton, Martin. An experimental
investigation of unprofitable games. 36p.
193 Obstfeld, Maurice & Rogoff, Kenneth. Risk and exchange
rates. 47p.
202 Bertrand, Marianne & Mullainathan, Sendhil. Executive
compensation and incentives: the impact of takeover
legislation. 38p.
203 Bertrand, Marianne & Mullainathan, Sendhil. Is there
discretion in wage setting?: a test using takeover
legislation. 37p.
201 Bertrand, Marianne, Luttmer, Erzo F.P. & Mullainathan,
Sendhil. Network effects and welfare cultures. 49p.
PURDUE UNIVERSITY. Inst. for Research in Behav, Econ & Mgmt Sci.
1110 Noussair, Charles, Matheny, Kenneth & Olson, Mark. An
experimental study of decisions in dynamic optimization
problems. 67p.
1114 Chakravarty, Sugato & McConnell, John J. Does insider
trading really move stock prices?. 28p.
1112 McConnell, John J. & Wahal, Sunil. Do institutional
investors exacerbate managerial myopia?. 29p.
1113 McConnell, John J., Ozbilgin, Mehmet & Wahal, Sunil.
Spinoffs, ex ante. 26p.
1115 Robinson, William T. & Min, Sungwook. Is the first to
market the first to fail?: empirical evidence for
manufacturing businesses. 29p.
1111 Thursby, Jerry G. & Kemp, Sukanya. An analysis of
productive efficiency of university commercialization
activities. 30p.
1118 Brush, Thomas H., James, Constance R. & Bromiley, Philip.
Comparing alternative methods to estimate corporate and
industry effects. 29p.
1117 Brush, Thomas H., Bromiley, Philip & Hendrickx, Margaretha.
The free cash flow hypothesis for sales growth and firm
performance. 36p.
1116 Hendrickx, Margaretha. What can management researchers
learn from Donald Campbell, the philosopher?: An exercise in
philosophical hermeneu. 77p.
1120 Lei, Vivian, Noussair, Charles N. & Plott, Charles R.
Non-speculative bubbles in experimental asset markets: lack
of common knowledge of rationality vs. actual irrationa.
32p.
PAGE 103
1119 Noussair, Charles, Robin, Stephane & Ruffieux, Bernard.
Bubbles and anti-crashes in laboratory asset markets with
constant fundamental values. 35p.
QUEEN'S UNIVERSITY. Institute for Economic Research.
963 Boadway, Robin, Marchand, Maurice & Vigneault, Marianne.
The consequences of overlapping tax bases for redistribution
and public spending in a federation. 32p.
962 Boadway, Robin & Sato, Motohiro. Information acquisition
and government intervention in credit markets. 34p.
966 Shi, Shouyong. Search for a monetary propagation mechanism.
48p.
967 Shi, Shouyong. Tariffs, unemployment, and the current
account: an intertemporal equilibrium model. 39p.
968 Cuff, Katherine. Optimality of workfare with heterogeneous
preferences. 33p.
969 Usher, Dan. The colour of the judges eyes: efficiency as a
criterion for the legislature and for the courts. 50p.
970 Usher, Dan. The justification of private property. 39p.
972 Shi, Shouyong. Product market and the size-wage
differential. 40p.
971 Shi, Shouyong. Search, inflation, and capital accumulation.
42p.
973 Gregory, Allan W. & Haug, Alfred A. Conflicts among tests
for cointegration. 8p.
UNIVERSITY OF ROCHESTER. Center for Economic Research.
449 Greenwood, Jeremy, Hercowitz, Zvi & Krusell, Per. The role
of investment-specific technological change in the business
cycle. 26p.
447 McKenzie, Lionel W. Turnpikes (Richard T. Ely Lecture).
24p.
448 Thomson, William. Consistency and its converse: an
introduction. 42p.
454 Albuquerque, Rui & Rebelo, Sergio. On the dynamics of trade
reform. 43p.
450 Chun, Youngsub, Schummer, James & Thomson, William.
Constrained egalitarianism: a new solution for claims
problems. 30p.
453 Epstein, Larry G. A definition of uncertainty aversion.
45p.
452 Epstein, Larry G. & Peters, Michael. A revelation principle
for competing mechanisms. 49p.
455 Thomson, William. Economies with public goods: an
elementary geometric exposition. 43p.
451 Thomson, William. Guidelines on writing referee reports.
13p.
458 Burnside, Craig, Eichenbaum, Martin & Rebelo, Sergio.
Prospective deficits and the Asian currency crisis. 54p.
456 Epstein, Larry G. & Zhang, Jiankang. Subjective
probabilities on subjectively unambiguous events. 42p.
457 Gort, Michael, Greenwood, Jeremy & Rupert, Peter. Measuring
the rate of technological progress in structures. 38p.
PAGE 104
UNIVERSITY OF ROCHESTER. Wallis Inst. of Political Economy.
12 Bird, Edward J. Does the welfare state induce risk taking?.
53p.
13 Bird, Edward J. Politics, altruism, and the definition of
poverty. 36p.
11 Bird, Edward J. Welfare policy and endogenous selective
norms. 32p.
14 Banks, Jeffrey S., Duggan, John & Le Breton, Michel. Bounds
for mixed strategy equilibria and the spatial model of
elections. 19p.
17 Calvert, Randall L. Establishing cooperation without
pre-play communication. 22p.
15 Calvert, Randall L. & Johnson, James. Interpretation and
coordination in constitutional politics. 37p.
16 Calvert, Randall L. & Dietz, Nathan. Legislative coalitions
in a bargaining model with externalities. 16p.
18 Duggan, John & Martinelli, Cesar. A Bayesian model of
voting in juries. 35p.
UNIVERSITA DI ROMA. Centro Interdipartimentale di Economia Int'l.
43 De Arcangelis, Giuseppe & Pensa, Cristina. Exchange-rate
volatility, exchange-rate pass-through and international
trade: some new evidence from Italian export. 24p.
44 Manzocchi, Stefano & Padoan, Pier Carlo. Alternative uses
of EU excess reserves after the introduction of the Euro.
18p.
45 Della Chiesa d'Isasca, Alfonso & Ginebri, Sergio. Interest
rate differentials and maturity of the public debt in Italy:
an econometric investigation. 11p.
48 DiGioacchino, Debora, Ginebri, Sergio & Sabani, Laura.
Bribing and public debt repudiation. 14p.
46 Donaghy, Kieran P. Income policies revisited. 52p.
47 Verrue, Johan L. & Colpaert, Jan. A dynamic model of the
real Belgian Franc. 31p.
UNIVERSITY OF SAARLAND. Department of Economics.
9703 Cieslik, Andrzej, Haucap, Justus & Wey, Christian. Location
choice and product quality under incomplete information:
empirical evidence from German-Polish trade and F. 31p.
9702 Haucap, Justus. Institutions, development, and the human
factor: the German "miracle". 23p.
9704 Schmidt, Gunter. Case-based reasoning for production
scheduling. 17p.
SANTA FE INSTITUTE. Economics Research Program.
9780 Durlauf, Steven N. What should policymakers know about
economic complexity?. 19p.
9794 Epstein, Joshua M. Zones of cooperation in demographic
prisoner's dilemma. 20p.
PAGE 105
9793 Karatzas, I., Shubik, M. & Sudderth, W. A stochastic
infinite horizon economy with secured lending or unsecured
lending and bankruptcy. 34p.
9772 Morris, Stephen. Interaction games: a unified analysis of
incomplete information, local interaction, and random
matching. 33p.
9791 Quint, Tom & Shubik, Martin. Games of status part I:
modeling considerations. 13p.
9792 Quint, Tom & Shubik, Martin. Games of status and wealth and
status part II: a game theoretic approach. 15p.
9873 Bowles, Samuel & Gintis, Herbert. The evolution of strong
reciprocity. 37p.
9874 Bowles, Samuel & Gintis, Herbert. Mutual monitoring in
teams: the effects of residual claimancy and reciprocity.
21p.
9877 Hong, Lu & Page, Scott E. Diversity and optimality. 27p.
9875 Page, Scott E. On the emergence of cities. 28p.
9876 Page, Scott E. Uncertainty, difficulty, and complexity.
32p.
UNIVERSITY OF SOUTHAMPTON. Department of Economics.
9803 Herrendorf, Berthold, Valentinyi, Akos & Waldmann, Robert.
Ruling out indeterminacy: the role of heterogeneity. 27p.
9802 Johal, Surijinder & Ulph, Alistair. Tying governments'
hands: why harmonisation of environmental policies may be
desirable. 31p.
9804 Malcomson, James M. Individual employment contracts. 78p.
9806 Balkenborg, Dieter, Jansen, Mathijs & Vermeulen, Dries.
Invariance properties of persistent equilibria and related
solution concepts. 17p.
9809 Bravo, Francesco. A correction factor for unit root test
statistics. 21p.
9805 Larsen, Jens D.J. The macroeconomic implications of
turnover costs and wage contracts. 37p.
9808 Lu, Maozu & Zhang, Zhichao. Exchange rate reform and its
inflationary consequences: an empirical analysis for China.
32p.
9807 Lu, Maozu & Zhang, Zhichao. Parallel exchange market as a
transition mechanism for foreign exchange reform: China's
experiment. 40p.
9811 Aldrich, John. The discovery of comparative advantage.
40p.
9812 Aldrich, John. The Jevonian revolution in international
trade theory. 38p.
9815 Chadha, Jagjit S. & Hudson, Suzanne L. The optimum currency
area case for EMU: a structural VAR approach. 40p.
9810 Karp, Larry & Lee, In Ho. Learning-by-doing and the choice
of technology: the role of patience. 21p.
9813 Musinguzi, Polycarp & Smith, Peter. Structural adjustment
and poverty: a study of rural Uganda. 22p.
9814 Smith, Peter. Should Africa try to learn from Asia?:
lessons for and from Uganda. 28p.
9818 Chadha, Jagjit & Schellekens, Philip. Utility functions for
central bankers: the not so drastic quadratic. 35p.
PAGE 106
9816 Gibbens, Richard, Mason, Robin & Steinberg, Richard.
Multiproduct competition between congestible networks. 40p.
9817 Mateos-Planas, Xavier. Education, technology adoption, and
productivity. 36p.
9819 Ulph, Alistair & Valentini, Laura. Is environmental dumping
greater when firms are footloose?. 37p.
STANFORD UNIV. Center for Research on Econ. Devel. & Policy Reform
4 Bell, Clive, Srinivasan, T.N. & Udry, Christopher.
Rationing, spillover and interlinking in credit markets: the
case of rural Punjab. 54p.
16 Cao, Yuanzheng, Qian, Yingyi & Weingast, Barry. From
federalism, Chinese style, to privatization, Chinese style.
38p.
15 Haber, Stephen & Razo, Armando. Political instability and
economic performance: evidence from revolutionary Mexico.
50p.
14 Krishna, Pravin. Are regional trading blocs "natural"?.
31p.
13 Krishna, Pravin & Panagariya, Arvind. On the existence of
necessarily welfare-enhancing free trade areas. 16p.
12 Krishna, Pravin & Panagariya, Arvind. A unification of the
theory of second best. 36p.
21 Krueger, Anne O. Exchange rate policies for developing
countries: what has changed?. 26p.
2 Krueger, Anne O. Nominal anchor exchange rate policies as a
domestic distortion. 38p.
1 Krueger, Anne O. Trade policy and economic development: how
we learn. 50p.
10 Lane, Philip R. & Tornell, Aaron. Why aren't savings rates
in Latin America procyclical?. 25p.
11 Lau, Lawrence J., Qian, Yingyi & Roland, Gerard. Reform
without losers: an interpretation of China's dual-track
approach to transition. 36p.
6 McKinnon, Ronald I. Toward virtual exchange rate stability
in Western and Eastern Europe with or without EMU. 52p.
19 McKinnon, Ronald I. & Pill, Huw. International
overborrowing: a decomposition of credit and currency risks.
42p.
3 McKinnon, Ronald I. & Pill, Huw. The overborrowing
syndrome: are East Asian economies different?. 50p.
8 Razo, Armando & Haber, Stephen. The rate of growth of
productivity in Mexico, 1850-1933: evidence from the cotton
textile industry. 43p.
18 Schaffner, Julie A. Job stability in developing and
developed countries: evidence from Colombia and the United
States. 56p.
17 Srinivasan, T.N. As the century turns: analytics, empirics
and politics of development. 72p.
7 Stinivasan, T.N. Democracy, markets, governance and
development. 54p.
5 Srinivasan, T.N. India's export performance: a comparative
analysis. 49p.
PAGE 107
9 Tornell, Aaron. Rational atrophy: the U.S. steel industry.
51p.
20 Tornell, Aaron. Reform from within. 47p.
UNIVERSITY OF STOCKHOLM. Department of Economics.
98-1 Dufwenberg, Martin & Kirchsteiger, Georg. A theory of
sequential reciprocity. 39p.
98-2 Fukushima, Yoshihiko. Active labour market programmes and
unemployment in a dual labour market. 35p.
UNIVERSITY OF STOCKHOLM. Institute for Int'l. Economic Studies.
631 Hassler, John & Lindbeck, Assar. Intergenerational risk
sharing, stability and optimality of alternative pensions
systems. 37p.
628 Lindbeck, Assar & Snower, Dennis J. The diversion of labor
within firms. 11p.
633 Persson, Torsten, Roland, Gerard & Tabellini, Guido.
Comparative politics and public finance. 55p.
630 Persson, Torsten & Tabellini, Guido. Political economics
and macroeconomic policy. 100p.
629 Wasmer, Etienne. Can labour supply explain the rise in
unemployment and inter-group wage inequality in the OECD?.
64p.
632 Woodford, Michael. Doing without money: controlling
inflation in a post-monetary world. 61p.
639 Calmfors, Lars. Unemployment: labour-market reform and
monetary union. 34p.
636 Faust, Jon & Svensson, Lars E.O. Transparency and
credibility: monetary policy with unobservable goals. 40p.
635 Hassler, John & Rodriguez-Mora, Jose V. IQ, social mobility
and growth. 33p.
637 Rudebusch, Glenn D. & Svensson, Lars E.O. Policy rules for
inflation targeting. 51p.
634 Stennek, Johan. Coordination in oligopoly. 14p.
638 Svensson, Lars E.O. Open-economy inflation targeting. 50p.
TEL-AVIV UNIVERSITY. Eitan Berglas School of Economics.
30/97 Cukierman, Alex & Tommasi, Mariano. When does it take a
Nixon to go to China?. 40p.
29/97 Fershtman, Chaim, Gandal, Neil & Markovich, Sarit.
Estimating the effect of tax reform in differentiated
product oligopolistic markets. 30p.
28/97 Rubinstein, Ariel & Zhou, Lin. Choice problems with a
"reference point". 6p.
31/97 Viaene, Jean-Marie & Zilcha, Itzhak. Capital markets
integration, growth and income distribution: a dynamic
analysis. 32p.
35/97 Artstein, Yael. Wage rigidity in Israel: institutions vs.
market forces. 32p.
34/97 Hochman, Oded & Pines, David. On the agglomeration of
non-residential activities in an urban area. 33p.
PAGE 108
36/97 Razin, Assaf, Sadka, Efraim & Yuen, Chi-Wa. Channelling
domestic savings into productive investment under asymmetric
information: the essential role of foreign. 30p.
32/97 Razin, Assaf, Sadka, Efraim & Yuen, Chi-Wa. Implications of
the home bias: a pecking order of capital inflows and
corrective taxation. 32p.
33/97 Razin, Assaf, Sadka, Efraim & Yuen, Chi-Wa. Quantitative
implications of the home bias: foreign underinvestment,
domestic oversaving and corrective taxation. 25p.
37/97 Arreaza, Adriana, Sorensen, Bent E. & Yosha, Oved.
Consumption smoothing through fiscal policy in OECD and EU
countries. 34p.
3/98 Eckstein, Zvi & Weiss, Yoram. The absorption of highly
skilled immigrants: Israel, 1990-1995. 59p.
2/98 Ostergaard, Charlotte, Sorensen, Bent E. & Yosha, Oved.
Permanent income, consumption, and aggregate constraints:
evidence from U.S. states. 48p.
1/98 Razin, Assaf, Sadka, Efraim & Yuen, Chi-Wa. Channeling
domestic savings into productive investment under asymmetric
information: the essential role of foreign . 23p.
4/98 Bowlus, Audra J. & Eckstein, Zvi. Discrimination and skill
differences in an equilibrium search model. 40p.
6/98 Fershtman, Chaim. A note on multi-issue two-sided
bargaining: bilateral procedures. 19p.
5/98 Flug, Karnit & Hercowitz, Zvi. Equipment investment and the
relative demand for skilled labor: international evidence.
34p.
7/98 Helpman, Elhanan & Rangel, Antonio. Adjusting to a new
technology: experience and training. 43p.
8/98 Helpman, Elhanan & Persson, Torsten. Lobbying and
legislative bargaining. 46p.
13/98 Eckwert, Bernhard & Zilcha, Itzhak. The value of
information in some general equlibrium models. 20p.
9/98 Grossman, Gene M. & Helpman, Elhanan. Competing for
endorsements. 50p.
10/98 Helpman, Elhanan. R & D and productivity: the international
connection. 22p.
18/98 Helpman, Elhanan. The structure of foreign trade. 39p.
11/98 Jaffe, Adam B. & Trajtenberg, Manuel. International
knowledge flows: evidence from patent citations. 38p.
17/98 Razin, Assaf, Sadka, Efraim & Yuen, Chi-Wa. Do debt flows
crowd out equity flows or the other way round?. 17p.
16/98 Razin, Assaf & Sadka, Efraim. Migration and pension. 20p.
15/98 Razin, Assaf, Sadka, Efraim & Swagel, Philip. Tax burden
and migration: a political economy theory and evidence.
26p.
14/98 Rubinstein, Ariel. Economics and language: The Schwartz
Lecture, May 1998. 20p.
19/98 Billot, Antoine, et al. Sharing beliefs: between agreeing
and disagreeing. 21p.
21/98 Cukierman, Alex & Spiegel, Yossi. When do representative
and direct democracies lead to similar policy choices?.
59p.
20/98 Kasher, Asa & Rubinstein, Ariel. On the question "who is a
J": a social choice approach. 13p.
PAGE 109
22/98 Papageorgiou, Yorgos & Pines, David. Externalities,
nonconvexity, and agglomeration. 28p.
UNIVERSITY OF TOKYO. Faculty of Economics.
9727 Chen, Jin, Lee, Chunli & Fujimoto, Takahiro. Adaption of
lean production in China: the impact of the Japanese
management practice. 30p.
9738 Ihori, Toshihiro. Protection against national emergency?:
international public goods and insurance. 23p.
9737 Iwai, Katsuhito. Evolution of money. 55p.
9739 Kaneko, Mamoru & Matsui, Akihiko. Inductive game theory:
discrimination and prejudices. 34p.
9736 Kiyono, Kazuharu & Okuno-Fujiwara, Masahiro. Global
environmental management: incentives for abatement
investment anticipating international bargaining. 44p.
9731 Kunitomo, Naoto. On estimation of the simultaneous
switching autoregressive models. 18p.
9725 Kunitomo, Naoto & Sato, Seisho. Estimation of asymmetrical
volatility for asset prices: the simultaneous switching
ARIMA approach. 32p.
9726 Matsui, Akihiko & Okuno-Fujiwara, Masahiro. Evolution and
interaction of social norms. 30p.
9728 Miyajima, Hiroshi. Restructuring the social security system
in Japan: an overview. 39p.
9730 Nishimura, Kiyohiko G. Expectation heterogeneity and price
sensitivity. 18p.
9729 Takemura, Akimichi. Some superpopulation models for
estimating the number of population uniques. 18p.
9733 Tsukahara, Hideatsu. Convergence in law of measurable
processes with applications to the prediction process. 45p.
9734 Tsukahara, Hideatsu. A limit theorem for the prediction
process under absolute continuity. 8p.
9735 Tsukahara, Hideatsu. A note on the prediction process. 7p.
9732 Tsukahara, Hideatsu. Two transformation models and rank
estimation. 37p.
98-1 Yajima, Yoshihiro & Nishino, Haruhisa. Estimation of the
autocorrelation function of a stationary time series with
missing observations. 41p.
98-2 Fukuda, Shin-ichi, Cong, Ji & Nakamura, Akihiro.
Determinants of long-term loans: a theory and empirical
evidence in Japan. 29p.
9810 Horiuchi, Akiyoshi & Shimuzu, Katsutoshi. Did Amakudari
undermine the effectiveness of regulator monitoring in
Japan?. 36p.
98-7 Hoshino, Nobuaki & Takemura, Akimichi. On the relation
between the logarithmic series model and other
superpopulation models useful for microdata disclosu. 9p.
98-6 Kunitomo, Naoto & Takahashi, Akihiko. On validity of the
asymptotic expansion approach in contingent claim analysis.
53p.
98-4 Marsh, Terry A. & Kobayashi, Takao. The work of Fischer
Black, Robert Merton, and Myron Scholes, and its continuing
legacy. 23p.
PAGE 110
98-3 Martinelli, Cesar & Matsui, Akihiko. Policy reversals: a
democratic Nixon and a Republican Clinton. 39p.
98-8 Nishimura, Kiyohiko G. & Shirai, Masato. Measurement of
sectoral technological progress in Japan revisited. 46p.
98-9 Okazaki, Tetsuji & Korenaga, Takafumi. Foreign exchange
allocation and productivity growth in postwar Japan: a case
of the wool industry. 26p.
98-5 Takemura, Akimichi & Kuriki, Satoshi. Shrinkage to smooth
non-convex cone: principal component analysis as Stein
estimation. 18p.
UNIVERSITY OF TOKYO. Ctr. for Int'l. Research on the Japanese Econ.
10 Chen, Jin & Fujimoto, Takahiro. Different behaviors of
Chinese auto makers in technology introduction and
assimilation. 33p.
17 Dinc, I. Serdar. The shareholding structure of Japanese
banks and their real estate lending in the 1980s. 43p.
16 Fukuda, Shin-ichi. Extraneous shocks and international
linkage of business cycles in a two-country monetary model.
25p.
8 Fukuda, Shin-ichi. Seasonal cycles and endogenous business
cycles in a monetary economy. 24p.
5 Horiuchi, Akiyoshi. Financial fragility in Japan: a
governance issue. 38p.
18 Ihori, Yoshihiro. An economic analysis of public transfers.
28p.
15 Kamiya, Hidehiko & Takamura, Akimichi. Rankings generated
by spherical discriminant analysis. 8p.
19 Kubokawa, Tatsuya, Saleh, A.K.M. Ehsanes & Konno, Yoshihiko.
Bayes, minimax and nonnegative estimators of variance
components under Kullback Leibler loss. 25p.
6 Kubokawa, Tatsuya. Shrinkage and modification technique in
estimation of variance and the related problems: a review.
31p.
4 Kuriki, Satoshi & Takemura, Akimichi. Tail probabilities of
the maxima of multilinear forms and their applications.
40p.
14 Matsui, Akihiko. Strong currency and weak currency. 33p.
13 Matsushima, Hitoshi. Efficienct entrepreneurship. 27p.
7 Matsushima, Hitoshi. Leaning about stochastic payoff
structures. 33p.
9 Matsushima, Hitoshi. Towards a theory of subjective games.
24p.
1 Miwa, Yoshiro. `Market' and `marketization': from the
Japanese experience. 43p.
20 Sussman, Nathan & Yafeh, Yishay. Institutions, reforms, and
country risk: lessons from Japanese government debt in the
Meiji Period. 42p.
3 Tabuchi, Takatoshi. Measuring urban agglomeration
economies. 15p.
2 Takahashi, Nobuo, Goto, Toshio & Fujita, Hideki. Culture's
consequences in Japanese multinationals and lifetime
commitment. 20p.
PAGE 111
11 Thomke, Stefan & Fujimoto, Takahiro. Shortening product
development time through "front-loading" problem solving.
33p.
21 Yafeh, Yishay & Yosha, Oved. Large shareholders and banks:
who monitors and how?. 31p.
UNIVERSITA DEGLI STUDI DI VENEZIA. Dipartimento di Scienze Econ.
9711 Freixas, Xavier & Parigi, Bruno. Contagion and efficiency
in gross and net interbank payment systems. 38p.
9712 Parigi, Bruno M. Competition in banking: a survey of the
literature. 34p.
9802 Chattopadhyay, Subir & Gottardi, Piero. Stochastic
overlapping generations models, market structure, and
optimality. 40p.
9714 Giacomin, Alberto. Cantillon's monetary theory of
production. 23p.
9803 Bisin, Alberto & Gottardi, Piero. Competitive equilibria
with asymmetric information. 51p.
UNIVERSITY OF VICTORIA (BC). Department of Economics.
9801 Giles, David E.A. The underground economy: minimizing the
size of government. 26p.
9802 Ryan, Kevin F. & Giles, David E.A. Testing for unit roots
in economic time series with missing observations. 42p.
9803 Giles, David E.A. Modelling the tax compliance profiles of
New Zealand firms: evidence from audit records. 32p.
UNIVERSITY OF VIENNA. Department of Economics.
9801 Alos-Ferrer, Carlos. Dynamical systems with a continuum of
randomly matched agents. 60p.
9710 Kaufman, Sylvia. Measuring business cycles with a dynamic
Markov switching factor model. 23p.
9711 Neeman, Zvika & Orosel, Gerhard O. Herding and the winner's
curse in markets with sequential bids. 35p.
9807 Alos-Ferrer, Carlos. Individual randomness in economic
models with a continuum of agents. 25p.
9808 Ania, Ana B., Troger, Thomas & Wambach, Achim. An
evolutionary analysis of insurance markets under adverse
selection. 21p.
9803 Gugler, Klaus. Dividends and agency costs. 23p.
9802 Hofbauer, Josef & Sorger, Gerhard. Perfect foresight and
equilibrium selection in symmetric potential games. 22p.
9806 Kerschbamer, Rudolf & Maderner, Nina. Are two a good
representative for many?. 47p.
9805 Kerschbamer, Rudolf & Maderner, Nina. Optimal incentives to
reduce downstream pollution under asymmetric information.
32p.
UNIVERSITY OF VIENNA. Zentrum fur Int'l. & Interdis. Studien.
96/1 Stark, Oded. On the microeconomics of return migration.
13p.
PAGE 112
UNIVERSITY OF VIRGINIA. Center for Studies in Political Economy.
305 Goeree, Jacob K. & Holt, Charles A. Classroom games: rent
seeking and the inefficiency of non-market allocations.
13p.
306 Holt, Charles A. & Sherman, Roger. Classroom games: a
market for lemons. 12p.
307 Levine, Ross. The legal environment, banks, and long-run
economic growth. 33p.
308 Manski, Charles F. & Pepper, John V. Monotone instrumental
variables with an application to the returns to schooling.
39p.
309 Kreider, Brent. Efficient tax policy in the presence of
free riding on human capital investment and uncertain
returns. 31p.
310 Levine, Ross, Loayza, Norman & Beck, Thorsten. Financial
intermediation and growth: causality and causes. 47p.
311 Brien, Michael J., Loya, Gregory E. & Pepper, John V.
Teenage childbearing and cognitive development. 45p.
313 Elzinga, Kenneth G. & Mills, David E. PC software. 57p.
312 Manski, Charles F., Newman, John & Pepper, John V. Using
performance standards to evaluate social programs with
incomplete outcome data: general issues & application .
31p.
WASHINGTON UNIVERSITY-ST. LOUIS. Center in Political Economy.
203 Berliant, Marcus & Rothstein, Paul. On models with an
uncongestible public good and a continuum of consumers.
10p.
198 Boylan, Richard T. Corruption and staff expenditures in the
U.S. Congress. 42p.
197 Boylan, Richard T. Private bills: a theoretical and
empirical study of lobbying. 57p.
204 Nachbar, John H. Rational Bayesian learning in repeated
games. 35p.
201 Schofield, Norman. America, Britain, France and Spain,
1763-1804: `core' beliefs in America at the War of
Independence & ratification . 28p.
199 Schofield, Norman. The heart and the uncovered set. 66p.
200 Schofield, Norman. The heart of the Atlantic Constitution:
international economic stability, 1919-1998. 40p.
202 Schofield, Norman & Sened, Itai. Political equilibrium in
multiparty democracies. 45p.
205 Shvetsova, Olga. Assessing the extent of the endogeneity
problem in institutional selection: the case of East
European election laws. 31p.
WASHINGTON UNIVERSITY-ST. LOUIS. Department of Economics.
212 Felix, David. Asia and the crisis of financial
globalization. 57p.
UNIVERSITY OF WESTERN ONTARIO. Department of Economics.
9714 Bhatia, Kul. Specific inputs, value-added, and production
linkages in tax-incidence theory. 29p.
PAGE 113
9709 Bilodeau, Marc & Slivinski, Al. Rational nonprofit
entrepreneurship. 33p.
9705 Blomqvist, Ake. Monopolistic competition and supply-side
cost sharing in the physician services market. 22p.
9717 Border, Kim C. & Segal, Uzi. Coherent odds and subjective
probability. 14p.
9715 Cavalcanti, Ricardo de O., Erosa, Andres & Temzelides, Ted.
Private money and reserve management in a random matching
model. 42p.
9707 Daniel, Kermit, Black, Dan & Smith, Jeffrey. College
quality and the wages of young men. 49p.
9710 Huggett, Mark & Ventura, Gustavo. On the distributional
effects of social security reform. 42p.
9708 Laidler, David. The Wicksell connection, the quantity
theory and Keynes. 32p.
9712 Liu, Haoming. Labor quality and the cyclicality of real
wages. 41p.
9716 Safra, Zvi & Segal, Uzi. Constant risk aversion, the dual
theory, and the Gini inequality index. 33p.
9706 Ventura, Gustavo. Flat tax reform: a quantitative
exploration. 47p.
9713 Yang, Jian. Semiparametric maximum likelihood estimation of
nonlinear regression models and Monte Carlo evidence. 59p.
9802 Bowlus, Audra J. & Eckstein, Zvi. Discrimination and skill
differences in an equilibrium search model. 40p.
9801 Bowlus, Audra J. & Seitz, Shannon N. The role of domestic
abuse in labor and marriage markets: observing the
unobservables. 38p.
9803 Sicular, Terry. Capital flight and foreign investment: two
tales from China and Russia. 20p.
9806 Burgess, David & Fried, Joel. Canadian tax deferred savings
plans and the foreign property rule. 34p.
9805 Goodhue, Rachel E., Rausser, Gordon C. & Simon, Leo K.
Privatization, market liberalization, and learning in
transition economies. 30p.
9804 Wintrobe, Ronald. Privatization, the market for corporate
control, and capital flight from Russia. 15p.
UNIVERSITY OF WISCONSIN. Social Systems Research Institute.
9726 Andreoni, James, Brown, Paul M. & Vesterlund, Lise.
Fairness, selfishness and selfish fairness: experiments on
games with unequal equilibrium payoffs. 35p.
9725 Arthur, W. Brian, LeBaron, Blake & Palmer, Richard. Time
series properties of an artificial stock market. 33p.
9719 Domowitz, Ian & El-Gamal, Mahmoud. Financial market
structure and the ergodicity of prices. 19p.
9709r Durlauf, Steven N. Rational choice and the study of
science. 27p.
9721 Durlauf, Steven N. What should policymakers know about
economic complexity?. 19p.
9722 Gourinchas, Pierre-Olivier & Parker, Jonathan A.
Consumption over the life cycle. 66p.
9718 LeBaron, Blake. An evolutionary bootstrap approach to
neural network pruning and generalization. 15p.
PAGE 114
9724 Parker, Jonathan A. The reaction of household consumption
to predictable changes in payroll tax rates. 30p.
9723 Parker, Jonathan A. The timing of purchases, market power,
and economic fluctuations. 35p.
9720 Tripathi, Gautam. Semiparametric efficiency bounds under
shape restrictions. 33p.
9717 West, Kenneth D. On optimal instrumental variables
estimation of time series models. 8p.
YALE UNIVERSITY. Economic Growth Center.
782 Brown, Donald J. Three lectures on the Walrasian hypotheses
for exchange economies. 17p.
777 Evenson, Robert E. & Singh, Lakhwinder. Economic growth,
international technological spillovers and public policy:
theory and empirical evidence from Asia. 21p.
779 Foley, Mark C. Determinants of unemployment duration in
Russia. 38p.
780 Foley, Mark C. Labor market dynamics in Russia. 54p.
781 Foley, Mark C. Multiple job holding in Russia during
economic transition. 42p.
775 Lanjouw, Jean O. The introduction of pharmaceutical product
patents in India: "heartless exploitation of the poor and
suffering"?. 53p.
778 Schultz, T. Paul. Income inequality in Taiwan 1976-1995:
changing family composition, aging, and female labor force
participation. 56p.
776 Schultz, T. Paul & Mwabu, Germano. Labor unions and the
distribution of wages and employment in South Africa. 51p.
783 Srinivasan, T.N. As the century turns: analytics, empirics,
and politics of development. 72p.
788 Lanjouw, Jean O. & Levy, Philip I. Untitled: a study of
formal and informal property rights in urban Ecuador. 69p.
790 Lanzona, Leonardo A. & Evenson, Robert E. The effects of
transaction costs on labor market participation and
earnings: evidence from rural Philippine markets. 25p.
787 Ramirez, Alejandro, Ranis, Gustav & Stewart, Frances.
Economic growth and human development. 47p.
786 Ranis, Gustav. Reflections. (on Taiwan). 29p.
784 Schultz, T. Paul. Inequality in the distribution of
personal income in the world: how it is changing and why.
65p.
785 Schultz, T. Paul & Mwabu, Germano. Wage premia for
education and location by gender and race in South Africa.
63p.
789 Tansel, Aysit. Determinants of school attainment of boys
and girls in Turkey. 35p.
ZAGREB INSTITUTE OF PUBLIC FINANCE. Occasional Papers.
4 Dalic, Martina. Price effects of value-added tax
introduction in Croatia. 20p.
5 Ott, Katarina. Tax administration reform in transition: the
case of Croatia. 33p.
PAGE 115
COWLES FOUNDATION AT YALE UNIVERSITY. Reprint Series.
948 Blood, Deborah J. & Phillips, Peter C.B. Economic headline
news on the agenda: new approaches to understanding causes
and effects. 0p.
951 Nordhaus, William D. Reflections on the concept of
sustainable economic growth. 0p.
953 Phillips, Peter C.B. Impluse response and forecast error
variance asymptotics in nonstationary vector
autoregressions. 0p.
952 Shubik, Martin. Terrorism, technology, and the
socioeconomics of death. 0p.
950 Tobin, James. Comments by Professor James Tobin (on the
Experiment in Applied Econometrics). 0p.
954 Scarf, Herbert. Test sets for integer programs. 0p.
955 Kitamura, Yuichi & Phillips, Peter C.B. Fully modified IV,
GIVE and GMM estimation with possibly non-stationary
regressors and instruments. 0p.
957 Nordhaus, William D. Do real-output and real-wage measures
capture reality?: the history of lighting suggests not. 0p.
956 Tobin, James, et al. Irving Fisher (1867-1947) in
retrospect: six essays. 0p.
960 Andrews, Donald W.K. Hypothesis testing with a restricted
parameter space. 0p.
959 Barany, Imre, Scarf, Herbert E. & Shallcross, David. The
topological structure of maximal lattice free convex bodies:
the general case. 0p.
962 Fair, Ray C. Estimated stabilization costs of the EMU. 0p.
961 Nordhaus, William D. Quality change in price indexes. 0p.
958 Quint, Thomas & Shubik, Martin. A theorem on the number of
Nash equilibria in a bimatrix game. 0p.
963 Bewley, Truman F. Why not cut pay? (Alfred Marshall
Lecture). 0p.
HITOTSUBASHI UNIVERSITY. Institute for Economic Research-Reprints.
172 Kuboniwa, Masaki. Economic growth in postwar Russia:
estimating GDP. 0p.
171 Kurata, Hiroshi & Kariya, Takeaki. Least upper bound for
the covariance matrix of a generalized least squares
estimator in regression w/ applications . 0p.
173 Suzumura, Kotaro. Japan's industrial policy and accession
to the GATT: a teacher by positive or negative examples?.
0p.
170 Takayama, Noriyuki. Possible effects of ageing on the
equilibrium of the public pension system in Japan. 0p.
YALE UNIVERSITY. Economic Growth Center-Reprint Series.
535 Bell, Clive, Srinivasan, T.N. & Udry, Christopher.
Rationing, spillover, and interlinking in credit markets:
the case of rural Punjab. 0p.
531 Guinnane, Timothy W. Regional organizations in the German
cooperative banking system in the late 19th century. 0p.
PAGE 116
536 Hamada, Koichi. Developmentalism and the economics of
decreasing cost. 0p.
530 Ranis, Gustav. The comparative development experience of
Mexico, the Philippines and Taiwan from a political economy
perspective. 0p.
532 Schultz, T. Paul & Tansel, Aysit. Wage and labor supply
effects of illness in Cote d'Ivoire and Ghana: instrumental
variable estimates for days disab. 0p.
533 Srinivasan, T.N. The common external tariff of a customs
union: alternative approaches. 0p.
534 Srinivasan, T.N. Democracy, markets and development. 0p.
537 Hamada, Koichi. Bubbles, bursts and bailouts: a comparison
of three episodes of financial crises in Japan. 0p.
539 Hamada, Koichi. The incentive structure of a "managed
market economy": can it survive the milennium?. 0p.
538 Hamada, Koichi. The role of the United States and Japan in
foreign direct investment and the transfer of technology.
0p.
541 Nakajima, Takanobu & Hamada, Koichi. Issues on Japan's
intellectual product. 0p.
540 Schultz, T. Paul & Mwabu, Germano. Labor unions and the
distribution of wages and employment in South Africa. 0p.
542 Srinivasan, T.N. Democracy, markets, governance and
development. 0p.
Return to the Economics Library Home Page