New Acquisitions - April 2000


     BANCO DE ESPANA.  Servicio de Estudios.                            

     9924   Fuentes, Ignacio & Sastre, Teresa.  Mergers and acquisitions
            in the Spanish banking industry: some empirical evidence.   
            53p.                                                        

     BANK OF JAPAN.  Institute for Monetary & Economic Studies.         

     2000-4 Baba, Naohiko.  A reexamination of ex ante pricing of       
            currency risk in the Japanese stock market: a pricing kernel
            approach.  49p.                                             
     2000-5 Baba, Naohiko.  Testing the ex ante relationship between    
            asset and investment returns in Japan: an application of the
            P-CAPM to the Japanese asset returns.  48p.                 
     2000-6   Forum on the development of electronic payment            
            technologies and its implications for monetary policy -     
            interim repo.  56p.                                         
     2000-3 Oda, Nobuyuki & Shimizu, Tokiko.  Prospects for prudential  
            policy: toward achieving an efficient and stable banking    
            system.  29p.                                               

     UNIVERSITY OF CAMBRIDGE.  Department of Applied Economics.         

     9921   Chadha, Jagjit S. & Nolan, Charles.  Inflation targeting,   
            transparency and interest rate volatility: ditching         
            `monetary mystique' in the U.K.  26p.                       
     9920   Chadha, Jagjit S. & Schellekens, Philip.  Monetary policy   
            loss functions: two cheers for the quadratic.  26p.         
     9919   Pesaran, M. Hashem.  On aggregation of linear dynamic       
            models.  34p.                                               
     9918   Pesaran, M. Hashem & Weeks, Melvyn.  Non-nested hypothesis  
            testing: an overview.  37p.                                 
     9917   Shimazaki, Masao & Solomou, Solomos.  Effective exchange    
            rates in Japan 1879-1938.  25p.                             

     CENTRE D'ETUDES PROS. D'ECON MATH APPLIQUEES A LA PLANIFICATION.   

     9919   Amable, Bruno & Petit, Pascal.  Identifying the structure of
            institutions to promote innovation and growth.  28p.        
     9912   Bourdieu, Jerome & Reynaud, Benedicte.  Social aspects of   
            the decrease in working hours in 19th century France.  23p. 
     9914   Cahuc, Pierre & Zylberberg, Andre.  Job protection, minimum 
            wage and unemployment.  25p.                                
     9915   Cahuc, Pierre & Postel-Vinay, Fabien.  On some undesirable  
            consequences of education and growth.  8p.                  
     9916   Cahuc, Pierre & Lehmann, Etienne.  Should unemployment      
            benefits decrease with unemployment spell?  19p.           
     9917   Caroli, Eve & Van Reenen, John.  Skill biased organizational
            change?: evidence from a panel of British and French        
            establishments.  51p.                                       
     9911   Feve, F., Henin, P.Y. & Jolivaldt, P.  Testing for          
            hysteresis: unemployment persistence and wage adjustment.   
            28p.                                                        
     9921   Laffargue, Jean-Pierre.  Les conditions de Blanchard et Kahn
            dans un modele macro-econometrique a anticipations          
            parfaites.  21p.                                            
     9913   Laffargue, Jean-Pierre.  Financement d'une baisse de        
            cotisations sociales employeurs sur le travail peu qualife: 
            une etude a l'aide du modele d'equilibre general calculable
	    Julien 4.  39p.                          
     9918   Piketty, Thomas.  Attitudes toward income inequality in     
            France: do people really disagree?  27p.                   

     UNIVERSITY OF COPENHAGEN.  Institute of Economics.                 

     2000-1 Keiding, Hans & Tvede, Mich.  Imperfect competition and the 
            firm: some equivalence results.  19p.                       

     COWLES FOUNDATION FOR RESEARCH IN ECONOMICS AT YALE UNIVERSITY.    

     1250   Andrews, Donald W.K. & Buchinsky, Moshe.  On the number of  
            bootstrap repetitions for BCa confidence intervals.  22p.   

     (ENGLAND) CENTRE FOR ECONOMIC POLICY RESEARCH.                     

     2391   Almazan, Andres & Suarez, Javier.  Optimal corporate        
            governance structures.  41p.                                
     2392   Bams, Dennis & Wolff, Christian C.P.  Risk premia in the    
            term structure of interest rates: a panel data approach.    
            30p.                                                        
     2389   Barsky, Robert B. & Kilian, Lutz.  A monetary explanation of
            the Great Stagflation of the 1970s.  46p.                   
     2390   Ben-David, Dan & Kimhi, Ayal.  Trade and the rate of income 
            convergence.  29p.                                          
     2381   Besley, Timothy & Coate, Stephen.  Elected versus appointed 
            regulators: theory and evidence.  51p.                      
     2384   Boeri, Tito.  Optimal speed of transition 10 years after.   
            30p.                                                        
     2371   Boeri, Tito.  Social Europe: dramatic visions and real      
            complexity.  43p.                                           
     2379   Bofinger, Peter & Wollmershaeuser, Timo.  Options for the   
            exchange rate policies of the EU accession countries (and   
            other emerging market economies).  32p.                     
     2365   Buiter, Willem H.  Monetary misconceptions: new and old     
            paradigmata and other sad tales.  55p.                      
     2393   De Grauwe, Paul.  Monetary policies in the presence of      
            asymmetries.  23p.                                          
     2388   Dolado, Juan J. & Maria-Dolores, Ramon.  Evaluating changes 
            in the Bank of Spain's intervention: an alternative approach
            using marked point processes.  31p.                         
     2376   Duranton, Gilles & Puga, Diego.  Nursery cities: urban      
            diversity, process innovation, and the life-cycle products. 
            36p.                                                        
     2375   Eijffinger, Sylvester, Schaling, Eric & Verhagen, Willem.   
            The term structure of interest rates and inflation forecast 
            targeting.  31p.                                            
     2377   Francois, Joseph & Wooton, Ian.  Trade in international     
            transport services: the role of competition.  21p.          
     2374   Giavazzi, Francesco, Jappelli, Tullio & Pagano, Marco.      
            Searching for non-linear effects of fiscal policy: evidence 
            from industrial and developing countries.  35p.             
     2383   Guiso, Luigi, Sapienza, Paola & Zingales, Luigi.  The role  
            of social capital in financial development.  56p.           
     2387   Ichino, Andrea & Maggi, Giovanni.  Work environment and     
            individual background: explaining regional shirking         
            differentials in a large Italian firm.  42p.                
     2378   Lommerud, Kjell Erik & Vagstad, Steinar.  Mommy tracks and  
            public policy: on self-fulfilling prophecies and gender gaps
            in promotion.  36p.                                         
     2373   Lutz, Stefan & Turrini, Alessandro.  Skills, labour costs   
            and vertically differentiated industries: a general         
            equilibrium analysis.  18p.                                 
     2385   Manzocchi, Stefano & Ottaviano, Gianmarco I.P.  Outsiders in
            economic integration: the case of a transition economy.     
            28p.                                                        
     2369   Miles, David.  Funded and unfunded pensions: risk, return   
            and welfare.  37p.                                          
     2372   O'Rourke, Kevin H. & Williamson, Jeffrey G.  The            
            Heckscher-Ohlin model between 1400 and 2000: when it        
            explained factor price convergence, when it did not, and w. 
            65p.                                                        
     2370   Rodrik, Dani.  Institutions for high-quality growth: what   
            they are and how to acquire them.  48p.                     
     2380   Svensson, Lars E.O.  The first year of the Eurosystem:      
            inflation targeting or not?  11p.                          
     2386   von Hagen, Jurgen & Strauch, Rolf R.  East Germany:         
            transition with unification - experiments and experiences.  
            26p.                                                        
     2382   Winters, L. Alan.  Trade, trade policy and poverty: what are
            the links?  59p.                                           

     UNIVERSITY OF ESSEX.  Department of Economics.                     

     505    Coles, Melvyn G. & Muthoo, Abhinay.  Bargaining equilibrium 
            in a non-stationary environment.  26p.                      
     504    Guariglia, Alessandra & Kim, Byung-Yeon.  Determinants and  
            dynamics of moonlighting: the case of Russian married men.  
            29p.                                                        
     506    Lahiri, Sajal & Ono, Yoshiyasu.  Protecting environment in  
            the presence of foreign direct investment: tax versus       
            quantity restriction.  22p.                                 
     503    Li, Carmen A.  Export diversification and export-led growth 
            in Mexico.  27p.                                            

     FONDAZIONE ENI ENRICO MATTEI.                                      

     91/99  Bartolini, Stefano & Bonatti, Luigi.  Endogenous growth and 
            negative externalities.  25p.                               
     100/99 Spagnolo, Giancarlo.  Markets and cooperation.  20p.        

     FEDERAL RESERVE BANK OF CHICAGO.  Research Department.             

     9930   Aaronson, Daniel & Sullivan, Daniel G.  Worker insecurity   
            and aggregate wage growth.  28p.                            

     FEDERAL RESERVE BANK OF MINNEAPOLIS.  Research Department.         

     264    Gowrisankaran, Gautam & Holmes, Thomas J.  Do mergers lead  
            to monopoly in the long run?: results from the dominant firm
            model.  36p.                                                
     265    Kehoe, Patrick J. & Perri, Fabrizio.  International business
            cycles with endogenous incomplete markets.  38p.            

     FED RESERVE BANK OF MPLS-UNIV OF MINN.  Inst. for Empirical Macro. 

     134    Caselli, Francesco & Morelli, Massimo.  Bad politicians.    
            41p.                                                        

     FEDERAL RESERVE BANK OF PHILADELPHIA.  Economic Research Division. 

     2000-1 Berlin, Mitchell & Mester, Loretta J.  Optimal financial    
            contracts for large investors: the role of lender liability.
             33p.                                                       
     2000-2 Stark, Tom.  Does current-quarter information improve       
            quarterly forecasts for the U.S. economy?  56p.            

     FEDERAL RESERVE BOARD.  Finance & Economics Discussion Series.     

     2000-4 Berger, Allen N., et al.  Globalization of financial        
            institutions: evidence from cross-border banking            
            performance.  113p.                                         
     2000-7 Berkowitz, Jeremy.  On identification of continuous time    
            stochastic processes.  16p.                                 
     2000-10 Covitz, Dan & Harrison, Paul.  The timing of debt issuance  
            and rating migration: theory and evidence.  43p.            
     2000-9 Cutler, David M. & Sheiner, Louise.  Generational aspects of
            Medicare.  12p.                                             
     2000-3 Elmendorf, Douglas W. & Sheiner, Louise M.  Should America  
            save for its old age?: population aging, national saving,   
            and fiscal policy.  46p.                                    
     2000-5 Kiley, Michael T.  Stock prices and fundamentals in a       
            production economy.  32p.                                   
     2000-12 Maki, Dean M.  The growth of consumer credit and the        
            household debt service burden.  26p.                        
     2000-13 Orphanides, Athanasios.  Activist stabilization policy and  
            inflation: the Taylor rule in the 1970s.  20p.              
     2000-8 Starr-McCluer, Martha.  The effects of weather on retail    
            sales.  25p.                                                
     2000-1 Tetlow, Robert.  Inflation targeting and target stability.  
            56p.                                                        
     2000-11 Tevlin, Stacey & Whelan, Karl.  Explaining the investment   
            boom of the 1990s.  33p.                                    
     2000-6 Whelan, Karl.  Computers, obsolescence, and productivity.   
            40p.                                                        
     2000-2 Whelan, Karl.  Real wage dynamics and the Phillips curve.   
            25p.                                                        

     FEDERAL RESERVE BOARD.  International Finance Papers.              

     660    Canova, Fabio & De Nicolo, Gianni.  Monetary disturbances   
            matter for business fluctuations in the G-7.  38p.          
     659    Davis, Donald R. & Reeve, Trevor A.  Human capital,         
            unemployment, and relative wages in a global economy.  35p. 

     HEBREW UNIV. Center for Rationality & Interactive Decision Theory. 

     210    Assaf, David & Samuel-Cahn, Ester.  Prophet inequalities for
            optimal stopping rules with probabilistic recall.  17p.     
     213    Ney-Nifle, Muriel, Keaser, Tamar & Shmida, Avi.  Location   
            and color learning in bumblebees in a two-phase conditioning
            experiment.  29p.                                           
     211    Yaniv, Ilan & Schul, Yaacov.  Acceptance and elimination    
            procedures in choice: non-complementarity and the role of   
            implied status quo.  27p.                                   
     212    Yaniv, Ilan & Kleinberger, Eli.  Advice taking in decision  
            making: egocentric discounting and reputation formation.    
            31p.                                                        

     INSTITUT NATIONAL DE LA STATISTIQUE ET DES ETUDES ECONOMIQUES.     

     9971   Fagart, Marie-Cecile & Souam, Said.  Optimal contract with  
            random auditing.  28p.                                      
     9972   Gabszewicz, Jean, Laussel, Didier & Sonnac, Nathalie.  TV   
            broadcasting competition and advertising.  22p.             
     9970   Mas, Andre.  Principal component analysis in Hilbert space: 
            a perturbation approach.  15p.                              
     9969   Maurin, Eric.  The impact of parental income on early       
            schooling transitions: a re-examination using data over     
            three generations.  38p.                                    
     9966   Selod, Harris & Zenou, Yves.  Location and education in     
            South African cities under and after apartheid.  36p.       

     UNIVERSITY OF IOWA.  Department of Economics.                      

     2000-2 Horowitz, Joel L.  Should the DEA's STRIDE data be used for 
            economic analyses of markets for illegal drugs?  27p.      

     BANCA DE ITALIA.  Research Department.                             

     365    Cukierman, Alex & Lippi, Francesco.  Labor markets and      
            monetary union: a strategic analysis.  42p.                 
     361    Focarelli, Dario, Panetta, Fabio & Salleo, Carmelo.  Why do 
            banks merge?  54p.                                         
     363    Gaiotti, Eugenio.  The transmission of monetary policy      
            shocks in Italy, 1967-1997.  47p.                           
     366    Giannetti, Mariassunta.  On the mechanics of migration      
            decisions: skill complementarities and endogenous price     
            differentials.  47p.                                        
     368    Guiso, Luigi & Schivardi, Fabiano.  Information spillovers  
            and factor adjustment.  47p.                                
     362    Marchetti, Domenico J.  Markup and the business cycle:      
            evidence from Italian manufacturing branches.  27p.         
     367    Parigi, Giuseppe & Siviero, Stefano.  An investment         
            function-based measure of capacity utilisation, potential   
            output and utilised capacity in the Bank of.  48p.          

     LA TROBE UNIVERSITY.  Department of Economics.                     

     2000-1 Jayasuriya, Sisira.  Technical change in agriculture and    
            deforestation in tropical Asia: an analytical framework.    
            22p.                                                        
     2000-2 Pereira, Robert.  Genetic algorithm optimisation for finance
            and investment.  26p.                                       

     UNIVERSITE DE LAUSANNE.  Dept. d'Econometrie d' Econ. Politique.   

     9914   Aghion, Philippe, Bacchetta, Philippe & Banerjee, Abhijit.  
            A simple model of monetary policy and currency crises.  13p.
     9917   Bacchetta, Philippe & van Wincoop, Eric.  Does exchange rate
            stability increase trade and welfare?  30p.                
     9918   Brulhart, Marius & Trionfetti, Federico.  Home-based demand 
            and international specialization: a test of trade theories. 
            33p.                                                        
     2000-2 Butler, Monika & Hauser, Heinz.  The WTO dispute settlement 
            system: a first assessment from an economic perspective.    
            34p.                                                        
     9919   Danthine, Jean-Pierre & Donaldson, John B.  Macroeconomic   
            frictions: what have we learned from the real business cycle
            research program?  26p.                                    
     9915   Holly, Alberto & Gardiol, Lucien.  A score test for         
            individual heteroscedasticity in a one-way error components 
            model.  18p.                                                
     9916   Neven, Damien J. & Roller, Lars-Hendrik.  The alloation of  
            jurisdiction in international antitrust.  16p.              
     9913   von Ungern-Sternberg, Thomas.  A note on fat cats and puppy 
            dogs.  9p.                                                  

     LONDON SCHOOL OF ECONOMICS.  Financial Markets Group.              

     345    Benhamou, Eric & Serval, Thomas.  On the competition between
            electronic communications networks (ECNs), stock markets and
            market makers.  36p.                                        
     343    Da Rin, Marco & Hellmann, Thomas.  Banks as catalysts for   
            industrialization.  42p.                                    
     344    Dessi, Roberta & Robertson, Donald.  Debt, incentives and   
            performance: evidence from U.K. panel data.  22p.           
     342    Foldes, Lucien.  Valuation and martingale properties of     
            shadow prices: an exposition.  76p.                         
     336    Goodhart, Charles & Huang, Haizhou.  A simple model of an   
            international lender of last resort.  15p.                  
     341    Hart, Oliver & Moore, John.  On the design of hierarchies:  
            coordination versus specialization.  51p.                   
     340    Snell, Andy & Tonks, Ian.  The profitability of block trades
            in auction and dealer markets.  24p.                        

     MACQUARIE UNIVERSITY.  Department of Economics.                    

     2/2000 Turnell, Sean.  Establishing an East Timorese national      
            currency via a currency board.  22p.                        

     UNIVERSITY OF MELBOURNE.  Department of Economics.                 

     733    Brooks, Chris & Henry, Olan T.  The impact of news on       
            measures of undiversifiable risk: evidence from the U.K.    
            stock market.  28p.                                         
     736    Feeney, Rob & King, Stephen P.  Sequential parimutuel games.
             12p.                                                       
     734    Gans, Joshua S. & King, Stephen P.  Mobile network          
            competition, customer ignorance and fixed-to-mobile call    
            prices.  31p.                                               
     735    Negrin, Jose-Luis & Hyde, Charles E.  Access pricing: a     
            survey.  35p.                                               

     UNIVERSITY OF MINNESOTA.  Economic Development Center.             

     2000-1 Gaitan, Beatriz & Pavel, Ferdinand.  Is "getting the prices 
            right" always right?: how trade liberalization can fail.    
            30p.                                                        
     2000-2 Ruttan, Vernon W.  Imperialism and competition in           
            anthropology, sociology, political science and economics: a 
            perspective from develop.  28p.                             

     UNIVERSITY OF MUNICH.  Center for Economic Studies.                

     213    Anderlini, Luca & Felli, Leonardo.  Costly bargaining and   
            renegotiation.  47p.                                        
     216    Bayar, Ali H.  Entry and exit dynamics of `excessive        
            deficits' in the European Union.  23p.                      
     207    Bos, Dieter.  Earmarked taxation: welfare versus political  
            support.  34p.                                              
     208    Bos, Dieter.  Inefficient R & D in public procurement:      
            negative consequences of a separation between award and     
            actual contract.  14p.                                      
     218    Cheung, Yin-Wong & Lai, Kon S.  On cross-country differences
            in the persistence of real exchange rates.  27p.            
     220    Cheung, Yin-Wong & Westermann, Frank.  Output dynamics of   
            the G7 countries: stochastic trends and cyclical movements. 
            18p.                                                        
     210    Chirinko, Bob, et al.  Firm performance, financial          
            institutions and corporate governance in the Netherlands.   
            27p.                                                        
     225    Christofides, Louis N.  Social assistance and labour supply.
             44p.                                                       
     222    Frey, Bruno S., Kucher, Marcel & Stutzer, Alois.  Outcome,  
            process and power in direct democracy: new econometric      
            results.  29p.                                              
     221    Frey, Bruno S. & Kucher, Marcel.  Wars and markets: how bond
            values reflect World War II.  23p.                          
     214    Fuest, Clemens & Thum, Marcel.  Immigration and skill       
            formation in unionised labour markets.  19p.                
     215    Fuest, Clemens & Thum, Marcel.  Welfare effects of          
            immigration in a dual labor market.  13p.                   
     223    Gersbach, Hans.  Fiscal constitutions.  25p.                
     224    Gersbach, Hans & Schniewind, Achim.  Imperfect competition, 
            general equilibrium and unemployment.  28p.                 
     209    Gradstein, Mark.  An economic rationale for public          
            education: the value of commitment.  18p.                   
     211    Johnson, Simon, McMillan, John & Woodruff, Christopher.     
            Contract enforcement in transition.  51p.                   
     212    Johnson, Simon, McMillan, John & Woodruff, Christopher.     
            Property rights, finance, and entrepreneurship.  48p.       
     219    Peri, Giovanni.  Local human capital externalities: an      
            overlapping generations model and some evidence on          
            experience premia.  27p.                                    
     217    Schmidt, Klaus M.  Convertible securities and venture       
            capital finance.  31p.                                      
     226    Sibert, Anne.  Monetary policy committees: individual and   
            collective reputations.  31p.                               

     UNIVERSITAT MUNCHEN.  Volkswirtschaftliche Fakultat.               

     9915   Apps, Patricia & Rees, Ray.  Household saving, time         
            allocation and taxation.  26p.                              
     2000-2 D'Souza, Patrick & Klein, Alexander.  Ex ante and ex post   
            collusion in hierarchies.  49p.                             
     9913   Hainz, Christa.  Credit contracts and restructuring in      
            transition economies: on the role of bank competition and   
            collateral.  34p.                                           
     9912   Klasen, Stephan.  Measuring poverty and deprivation in South
            Africa.  35p.                                               
     2000-3 Klein, Alexander.  Jail or fine: let them choose.  31p.     
     9910   Koman, Reinhard & Marin, Dalia.  Human capital and          
            macroeconomic growth: Austria and Germany 1960-1997, an     
            update.  40p.                                               
     9907   Rotte, Ralph.  Technological change and warfare: the        
            persistence of the human factor in combat 1600-1982.  41p.  
     2000-5 Schlict, Ekkehart.  Aestheticism in the theory of custom.   
            24p.                                                        
     9911   Stogbauer, Christian.  Measuring the impact of the          
            depression on the radical vote in the Weimar Republic: a    
            spatio-temporal approach.  27p.                             
     2000-1 Sussmuth, Bernd.  Endogenously-timed herding and the        
            synchronization of investment cycles.  26p.                 
     9904   Thum, Claudio & Thum, Marcel.  Repeated interaction,        
            redistribution, and the public provision of private goods.  
            20p.                                                        
     2000-4 von Weizsacker, Jakob.  Mixing pay-as-you-go and funded     
            pension systems.  6p.                                       

     NATIONAL BUREAU OF ECONOMIC RESEARCH.  Working Papers.             

     7544   Acemoglu, Daron.  Labor- and capital-augmenting technical   
            change.  23p.                                               
     7557   Autor, David H.  Outsourcing at will: unjust dismissal      
            doctrine and the growth of temporary help employment.  51p. 
     7547   Barsky, Robert B. & Kilian, Lutz.  A monetary explanation of
            the Great Stagflation of the 1970s.  46p.                   
     7545   Berman, Eli & Rzakhanov, Zaur.  Fertility, migration and    
            altruism.  34p.                                             
     7594   Bertrand, Marianne, Miller, Douglas & Mullainathan, Sendhil.
             Public policy and extended families: evidence from South   
            Africa.  46p.                                               
     7579   Besley, Timothy & Coate, Stephen.  Elected versus appointed 
            regulators: theory and evidence.  50p.                      
     7550   Blanchard, Olivier.  What do we know about macroeconomics   
            that Fisher and Wicksell did not?  48p.                    
     7560   Brown, Jeffrey R.  Differential mortality and the value of  
            individual account retirement annuities.  55p.              
     7554   Burnside, Craig, Eichenbaum, Martin & Rebelo, Sergio.  On   
            the fundamentals of self-fulfilling speculative attacks.    
            46p.                                                        
     7590   Campbell, John Y., et al.  Have individual stocks become    
            more volatile?: an empirical exploration of idiosyncratic   
            risk.  59p.                                                 
     7578   Card, David & DiNardo, John E.  Do immigrant inflows lead to
            native outflows?  22p.                                     
     7566   Case, Bradford, Goetzmann, William N. & Rouwenhorst, K.     
            Geert.  Global real estate markets: cycles and fundamentals.
             22p.                                                       
     7581   Chinn, Menzie & Prasad, Eswar S.  Medium-term determinants  
            of current accounts in industrial and developing countries: 
            an empirical exploration.  42p.                             
     7552   Cohen, Wesley M., Nelson, Richard R. & Walsh, John P.       
            Protecting their intellectual assets: appropriability       
            conditions and why U.S. manufacturing firms patent (or not).
             49p.                                                       
     7568   Coronado, Julia Lynn, Fullerton, Don & Glass, Thomas.  Long 
            run effects of social security reform proposals on lifetime 
            progressivity.  59p.                                        
     7555   Dafny, Leemore & Gruber, Jonathan.  Does public insurance   
            improve the efficiency of medical care?: Medicaid expansions
            and child hospitalizations.  43p.                           
     7570   Deaton, Angus, Gourinchas, Pierre-Olivier & Paxson,         
            Christina.  Social security and inequality over the life    
            cycle.  42p.                                                
     7569   DeLong, J. Bradford.  The shape of twentieth century        
            economic history.  28p.                                     
     7561   Fairlie, Robert W. & Meyer, Bruce D.  The effect of         
            immigration on native self-employment.  40p.                
     7556   Freeman, Richard B.  Single peaked vs. diversified          
            capitalism: the relation between economic institutions and  
            outcomes.  45p.                                             
     7551   Gali, Jordi & Gertler, Mark.  Inflation dynamics: a         
            structural econometric analysis.  29p.                      
     7549   Gertler, Mark & Lown, Cara S.  The information in the high  
            yield bond spread for the business cycle: evidence and some 
            implications.  40p.                                         
     7567   Goetzmann, William N. & Massa, Massimo.  Daily momentum and 
            contrarian behavior of index fund investors.  48p.          
     7587   Goldman, Eitan & Gorton, Gary.  The visible hand, the       
            invisible hand and efficiency.  51p.                        
     7558   Goolsbee, Austan.  The importance of measurement error in   
            the cost of capital.  27p.                                  
     7553   Gruber, Jonathan.  Tax subsidies for health insurance:      
            evaluating the costs and benefits.  63p.                    
     7563   Guiso, Luigi, Sapienza, Paola & Zingales, Luigi.  The role  
            of social capital in financial development.  56p.           
     7588   Gustman, Alan L. & Steinmeier, Thomas L.  Retirement        
            outcomes in the health and retirement study.  42p.          
     7548   Hall, Brian J. & Murphy, Kevin J.  Optimal exercise prices  
            for executive stock options.  14p.                          
     7564   Hunt, Jennifer.  Why do people still live in East Germany? 
            47p.                                                        
     7565   Jorion, Philippe & Goetzmann, William N.  A century of      
            global stock markets.  43p.                                 
     7534   King, Robert G. & Rebelo, Sergio T.  Resucitating real      
            business cycles.  100p.                                     
     7575   Kremer, Michael & Mehta, Paras.  Globalization and          
            international public finance.  27p.                         
     7582   Kroszner, Randall S. & Stahan, Philip E.  Obstacles to      
            optimal policy: the interplay of politics and economics in  
            shaping bank supervision and regulation ref.  50p.          
     7583   Lemke, Robert J., et al.  Child care and the welfare to work
            transition.  40p.                                           
     7600   Lerner, Josh & Tirole, Jean.  The simple economics of open  
            source.  38p.                                               
     7601   Levine, Phillip B.  The sexual activity and birth control   
            use of American teenagers.  68p.                            
     7574   McGarry, Kathleen.  Guaranteed income: SSI and the          
            well-being of the elderly poor.  37p.                       
     7571   Mankiw, N. Gregory.  The savers-spenders theory of fiscal   
            policy.  14p.                                               
     7584   Mocan, H. Naci, Billups, Stephen C. & Overland, Jody.  A    
            dynamic model of differential human capital and criminal    
            activity.  46p.                                             
     7599   Neumark, David & Wascher, William.  Using the EITC to help  
            poor families: new evidence and a comparison with the       
            minimum wage.  43p.                                         
     7546   Rajan, Raghuram G. & Zingales, Luigi.  The firm as a        
            dedicated hierarchy: a theory of the origin and growth of   
            firms.  47p.                                                
     7573   Rosen, Sherwin & Sanderson, Allen.  Labor markets in        
            professional sports.  35p.                                  
     7562   Ruhm, Christopher J. & Borkoski, Carey.  Compensation in the
            nonprofit sector.  43p.                                     
     7586   Sinn, Hans-Werner.  Germany's economic unification: an      
            assessment after ten years.  25p.                           
     7592   Sinn, Hans-Werner.  Why a funded pension system is useful   
            and why it is not useful.  33p.                             
     7576   Slemrod, Joel & Bakija, Jon.  Does growing inequality reduce
            tax progressivity?: should it?  35p.                       
     7572   Spender, Barbara J. & Qui, Larry D.  Keiretsu and           
            relationship-specific investment: a barrier to trade?  41p.
     7598   Svensson, Lars E.O.  The first year of the Eurosystem?:     
            inflation targeting or not?  11p.                          
     7577   Taylor, Alan M.  Potential pitfalls for the purchasing power
            parity puzzle?: sampling and specification biases in        
            mean-reversion tests of the law of one price.  28p.        
     7543   Thomasson, Melissa A.  The importance of group coverage: how
            tax policy shaped U.S. health insurance.  42p.              

     NEW YORK UNIVERSITY.  Salomon Center (Stern School of Business).   

     2000-8 Acharya, Viral, et al.  Costly financing, optional payout   
            policies and the valuation of corporate debt.  44p.         
     2000-12 Acharya, Viral V. & Bisin, Alberto.  Optional financial     
            integration and security design.  27p.                      
     2000-9 Altman, Edward I. & Saunders, Anthony.  An analysis and     
            critique of the Bank of International Settlement's proposal 
            on capital adequacy and ratings.  33p.                      
     2000-10 Altman, Edward.  Defaults and returns on high yield bonds:  
            analysis through 1999 and default outlook for 2000-2002.    
            47p.                                                        
     2000-11 Altman, Edward I.  Market size, investment performance, and 
            expected new supply of defaulted bonds and bank loans,      
            1987-1999.  34p.                                            
     2000-1 Bakos, Yannis, et al.  Electronic commerce in the retail    
            brokerage industry: trading costs of internet versus full   
            service firms.  30p.                                        
     2000-4 Bennett, Paul, Garbade, Kenneth & Kambhu, John.  Enhancing  
            the liquidity of U.S. Treasury securities in an era of      
            surpluses.  67p.                                            
     2000-5 Katz, Barbara G. & Owen, Joel.  The emergence of            
            concentrated ownership and the rebalancing of portfolios due
            to shareholder activism in a financia.  37p.                
     2000-3 Maag, Felix & Zimmermann, Heinz.  On benchmarks and the     
            performance of Deutschmark bond mutual funds.  36p.         
     2000-7 Peterson, Sandra, Stapleton, Richard C. & Subrahmanyam,     
            Marti G.  The valuation of American-style swaptions in a    
            two-factor spot-futures model.  37p.                        
     2000-6 Stapleton, Richard C. & Subrahmanyam, Marti G.  The term    
            structure of interest rate futures prices.  49p.            
     2000-2 Urich, Thomas & Wachtel, Paul.  Financial market response to
            monetary policy changes in the 1990s.  29p.                 

     NORWEGIAN SCHOOL OF ECONOMICS & BUSINESS ADMINISTRATION.           

     3/2000 Jensen, Sissel.  Price discrimination and three part tariffs
            in a duopoly.  25p.                                         

     OHIO STATE UNIVERSITY.  Department of Economics.                   

     9919   Ogaki, Masao.  A theory of exchange rates and the term      
            structure of interest rates.  25p.                          
     9913   Peck, James & Shell, Karl.  Bank portfolio restrictions and 
            equilibrium bank runs.  29p.                                

     UNIVERSITY OF OTTAWA.  Department of Economics.                    

     2000-3 Apinunmahakul, Amornat & Barham, Vicky.  Should charities   
            maximise social welfare?  41p.                             
     2000-2 Coulombe, Serge.  New evidence of convergence across        
            Canadian provinces: the role of urbanization.  31p.         
     2000-4 Perron, Pierre & Rodriguez, Gabriel.  Residual based tests  
            for cointegration with GLS detrended data.  31p.            
     2000-5 Perron, Pierre & Rodriguez, Gabriel.  Searching for additive
            outliers in nonstationary time series.  30p.                

     PRINCETON UNIVERSITY.  Industrial Relations Section.               

     432    Guell, Maia.  Employment protection and unemployment in an  
            efficiency wage model.  21p.                                
     433    Guell, Maia.  Fixed-term contracts and unemployment: an     
            efficiency wage analysis.  41p.                             
     435    Hu, Luojia.  Estimating a censored dynamic panel data model 
            with an application to earnings dynamics.  53p.             
     436    Hu, Luojia.  Who gets good jobs?: the hiring decisions and  
            compensation structures of large firms.  59p.               
     434    Krueger, Alan B.  The digital divide in educating           
            African-American students and workers.  34p.                

     PRINCETON UNIVERSITY.  Woodrow Wilson School-Papers in Economics.  

     210    Benabou, Roland & Tirole, Jean.  Self-confidence and social 
            interactions.  43p.                                         
     209    Benabou, Roland & Tirole, Jean.  Self-confidence:           
            intrapersonal strategies.  49p.                             

     PURDUE UNIVERSITY.  Inst. for Research in Behav, Econ & Mgmt Sci.  

     1127   Chakravarty, Sugato & Li, Kai.  An analysis of own account  
            trading by dual traders in futures markets: a Bayesian      
            approach.  45p.                                             
     1129   Chakravarty, Sugato & Badrinath, S.G.  Are analyst          
            recommendations informative?  37p.                         
     1128   Chakravarty, Sugato.  Stealth trading: the next generation. 
            40p.                                                        

     UNIVERSITY OF STOCKHOLM.  Department of Economics.                 

     2000-2 Dufwenberg, Martin & Gneezy, Uri.  Procurement and          
            information feedback.  23p.                                 
     2000-3 Hackner, Jonas & Nyberg, Sten.  Price competition,          
            advertising and media market concentration.  37p.           
     2000-4 Lindquist, Matthew J.  Wage compression and welfare in      
            Sweden.  46p.                                               
     2000-1 Roine, Jesper.  Tax avoidance, redistribution and voting.   
            29p.                                                        
     9920   Stenmark, Katarina.  Government structure and the size and  
            composition of public spending.  27p.                       

     TEL-AVIV UNIVERSITY.  Eitan Berglas School of Economics.           

     2/2000 DeMichelis, Stefano & Germano, Fabrizio.  On knots and      
            dynamics in games.  13p.                                    
     1/2000 Gandal, Neil.  The dynamics of competition in the internet  
            search engine market.  17p.                                 
     3/2000 Moshkin, Nickolay & Shachar, Ron.  Switching costs or search
            costs?  43p.                                               
     39/99  Rubinstein, Yona & Tsiddon, Daniel.  Born to be unemployed: 
            unemployment and wages over the business cycle.  59p.       

     UNIVERSITY OF WESTERN ONTARIO.  Department of Economics.           

     9910   Aydemir, Abdurrahman B.  Forecast performance of threshold  
            autoregressive models: a Monte Carlo study.  64p.           
     9914   Bhatia, Kul B.  Tax incidence with three goods and two      
            primary factors: theory and applications.  33p.             
     9913   Black, Dan A., et al.  Is the threat of training more       
            effective than training itself?: experimental evidence from 
            the unemployment insuran.  43p.                             
     9906   Chan, Nguyen, Ghosh, Madanmohan & Whalley, John.  Evaluating
            tax reform in Vietnam using general equilibrium methods.    
            27p.                                                        
     9908   Ghosh, Madanmohan & Whalley, John.  Endogenous effort and   
            intersectoral labour transfers under industrialization.     
            29p.                                                        
     9907   Ghosh, Madanmohan, Perroni, Carlo & Whalley, John.  The     
            value of MFN treatment to developing countries.  34p.       
     9904   Li, Huirong & Yang, Jian.  Modelling stock volatility with  
            trading information.  37p.                                  
     9912   Messner, Matthias & Polborn, Matthias K.  Constitutional    
            conservativism and resistence to reform.  20p.              
     9915   Ozaki, Hiroyuki & Streufert, Peter A.  Solutions for some   
            dynamic problems with uncertainty aversion.  36p.           
     9911   Polborn, Matthias K., Hoy, Mike & Sadanad, Asha.            
            Information and dynamic adjustment in life insurance.  34p. 
     9905   Segal, Uzi & Sobel, Joel.  Tit for tat: foundations of      
            preferences for reciprocity in strategic settings.  28p.    
     9916   Slivinski, Al.  Team incentives and organizational form.    
            31p.                                                        
     9917   Wintrobe, Ronald.  Slobodan Milosevic and the fire of       
            nationalism.  38p.                                          
     9909   Wonnacott, Paul & Wonnacott, Ronald J.  An economic theory  
            of the GATT: a generalization.  5p.                         

     COWLES FOUNDATION AT YALE UNIVERSITY.  Reprint Series.             

     987    Morris, Stephen.  Approximate common knowledge revisited.   

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