New Acquisitions - April 1996


     UNIVERSIDAD DE ALICANTE.  Dept. de Fundamentos de Analisis Econ.   

     9602   Chatterji, Shurojit.  Temporary equilibrium with learning:  
            the stability of random walk beliefs.  24p.                 
     9525   Corchon, Luis C. & Herrero, Carmen.  A decent proposal.     
            36p.                                                        
     9522   Cunat-Lopez, Javier M.  Multiple adverse selection.  56p.   
     9523   Herrero, Carmen, Iturbe-Ormaetxe, Inigo & Nieto, Jorge.     
            Ranking social decisions without individual preferences on  
            the basis of opportunities.  24p.                           
     9524   Marco-Gil, M. Carmen.  The extended claim-egalitarian       
            solution across cardinalities.  32p.                        
     9601   Ortuno-Ortin, Ignacio.  A spatial model of political        
            competition and proportional representation.  16p.          
     9603   Peitz, Martin.  Marketing cooperation for differentiated    
            products.  28p.                                             

     ATHENS UNIVERSITY OF ECONOMICS & BUSINESS.  Dept. of Economics.    

     74     Gatsios, Konstantine, Kollintzas, Tryphon & Lagopoulos,     
            Costas.  A time consistent solution to the stochastic       
            dynamic strategies export subsidy problem with two          
            governments.  52p.                                          

     AUSTRALIAN NATIONAL UNIVERSITY.  Faculty of Economics.             

     292    Chambers, Robert G. & Quiggin, John.  Exploitation and      
            efficiency in agarian contracts.  21p.                      
     293    Chambers, Robert G. & Quiggin, John.  Separation and hedging
            results with state-contingent production.  35p.             
     295    Jones, Glenn & Savage, Elizabeth.  Should income splitting  
            replace Australia's personal income tax?.  20p.             
     296    Jones, Glenn & Savage, Elizabeth.  Unions and clerical rates
            of pay.  20p.                                               
     294    Quiggin, John & Chambers, Robert G.  A state-contingent     
            production approach to moral-hazard problems with an        
            application to point-source pollution contr.  28p.          

     BANCO DE ESPANA.  Servicio de Estudios.                            

     9601   Ayuso, Juan, Nunez, Soledad & Perez-Jurado, Maria.          
            Volatility in Spanish financial markets: the recent         
            experience.  51p.                                           
     9603   Dluhosch, Barbara.  On the fate of newcomers in the European
            Union: lessons from the Spanish experience.  44p.           

     BANK OF JAPAN.  Institute for Monetary & Economic Studies.         

     9610   Baba, Naohiko.  Empirical studies on the recent decline in  
            bank lending growth: an approach based on asymmetric        
            information.  34p.                                          
     96-8   Mori, Atsutoshi, Ohsawa, Makoto & Shimizu, Tokiko.          
            Calculation of value at risk and risk/return simulation.    
            29p.                                                        
     96-9   Soejima, Yutaka.  The long-run relationship between real    
            GNP, money supply, and price level: reexamination of        
            cointegration test.  37p.                                   

     UNIVERSIDAD AUTONOMA DE BARCELONA.  Dept. de Economia et de Emet.  

     301    Antolin, P.  What happened to job search behavior in Spain  
            during the recovery period (1987- 1991)?.  39p.             
     312    Brusco, Sandro.  A note on cost minimization in general     
            equilibrium models.  15p.                                   
     309    Caballe, Jordi.  Growth effects of fiscal policy under      
            altruism and low elasticity of intertemporal substitution.  
            26p.                                                        
     316    de la Fuente, Angel.  Assessing the effects of economic     
            integration on growth and welfare.  74p.                    
     314    de la Fuente, Angel.  Catch-up, growth and convergence in   
            the OECD.  44p.                                             
     311    Kovenock, Dan & de Vries, Casper G.  The all-pay auction    
            with complete information.  23p.                            
     310    Kovenock, Dan & de Vries, Casper G.  Fiat exchange in finite
            economies.  34p.                                            
     313    Kovenock, Dan & Phillips, Gordon M.  Capital structure and  
            product market behavior: an examination of plant exit and   
            investment decisions.  38p.                                 
     302    Marmol, Francesc.  Spurious multicointegration.  21p.       
     317    Palomino, Frederic.  Market manipulation and the weekend    
            effect.  24p.                                               
     308    Palomino, Frederic.  On the survival of strictly dominated  
            strategies in large populations.  16p.                      
     298    Pastor-Gosalbez, Maite.  Cost reducing strategies.  22p.    
     315    Phelan, Christopher & Trejos, Alberto.  Optimal sectoral    
            shifts.  22p.                                               
     318    Sakovics, Jozsef & Ponsati, Clara.  Rubinstein bargaining   
            with two-sided options.  4p.                                

     BOSTON UNIVERSITY.  Institute for Economic Development.            

     61     Adda, Jerome & Gonzalo, Jesus.  P-values for non-standard   
            distribution with an application to the DF test.  8p.       
     65     Altonji, Joseph G., Hayashi, Fumio & Kotlikoff, Laurence.   
            Parental altruism and inter vivos transers: theory and      
            evidence.  57p.                                             
     69     Das Gupta, Arindam & Mokherjee, Dilip.  Tax amnesties as    
            asset laundering devices.  35p.                             
     70     Eaton, Jonathan & Tamura, Akiko.  Japanese and U.S. exports 
            and investment as conduits of growth.  27p.                 
     64     Ghosh, Parikshit & Ray, Debraj.  Cooperation in community   
            interaction without information flows.  38p.                
     68     Khandria, Binod.  Economic strategies for banishing child   
            labour: compulsory primary education, specific vs. general  
            egalitarianism...  25p.                                     
     67     Kotlikoff, Laurence J.  Applying generational accounting to 
            developing countries.  58p.                                 
     66     Kotlikoff, Laurence.  Privatization of social security: how 
            it works and why it matters.  45p.                          
     62     Mukhopdhyay, Hiranya.  Private investment and external debt:
            the debt overhang hypothesis revisited.  32p.               
     56     Mukhopdhyay, Hiranya.  Structural adjustment programs: some 
            new findings.  41p.                                         
     71     Yuasa, Yoshikazu.  Synchronization of Japanese money markets
            and the Eurocurrency market: evidence from pre- and         
            post-April 1984 perio.  44p.                                

     CALIFORNIA INSTITUTE OF TECHNOLOGY.  Div. of the Human. & Soc. Sci.

     950    Alvarez, R. Michael.  Survey measures of uncertainty: a     
            report to the National Election Studies Board on the use of 
            "certainty" questions.  22p.                                
     946    Camerer, Colin.  Rules for experimenting in psychology and  
            economics and why they differ.  16p.                        
     931    Fohlin, Caroline M.  Relationship banking and corporate     
            governance in the Kaiserreich.  33p.                        
     945    Ghirardato, Paolo.  Coping with ignorance: unforseen        
            contingencies and non-additive uncertainty.  45p.           
     951    Lee, In Ho.  Merging of forecasts in Markov models.  6p.    
     947    McKelvey, Richard D. & Palfrey, Thomas R.  Quantal response 
            equilibria for extensive form games.  32p.                  
     936    Papai, Szilvia.  Strategy proof allocation of a single      
            object.  14p.                                               
     941    Plott, Charles R. & Wilkie, Simon.  Local telephone         
            exchanges, regulation and entry.  35p.                      

     UNIVERSITY OF CALIFORNIA-BERKELEY.  Department of Economics.       

     245    Goldman, Steven M. & Lightwood, James.  Cost optimization in
            the SIS model of infectious disease with treatment.  33p.   

     UNIV. OF CALIFORNIA-BERKELEY. Ctr. for Int'l. & Devel. Econ. Res.  

     62     Frankel, Jeffrey A. & Rose, Andrew K.  Currency crashes in  
            merging markets: empirical indicators.  29p.                
     63     Obstfeld, Maurice.  Intertemporal price speculation and the 
            optimal current-account deficit: reply and clarification.   
            12p.                                                        

     UNIVERSITY OF CALIFORNIA-SAN DIEGO.  Department of Economics.      

     9540   Andersen, Lykke E.  An econometric analysis of deforestation
            in the Brazilian Amazon.  16p.                              
     9535   Andersen, Lykke E. & Granger, Clive W.J.  A random          
            coefficient VAR transition model of the changes in land use 
            in the Brazilian Amazon.  10p.                              
     9544   Boswijk, Peter, Franses, Philip H. & Haldrup, Niels.        
            Multiple unit roots in periodic autoregression.  30p.       
     9529   Cavanagh, Christopher L., Elliott, Graham & Stock, James H. 
            Inference in models with nearly integrated regressors.  25p.
     9537   Crawford, Vincent P.  Theory and experiment in the analysis 
            of strategic interaction.  50p.                             
     9541   Crawford, Vincent P. & Broseta, Bruno.  What price          
            coordination?: auctioning the right to play as a form of    
            preplay communication.  48p.                                
     9538   Den Haan, Wouter J.  Aggregate shocks and cross-sectional   
            dispersion.  34p.                                           
     9532   Edlin, Aaron S., Epelbaum, Mario & Heller, Walter P.  Is    
            perfect price discrimination really efficient?: welfare and 
            existence in general equilibrium.  36p.                     
     9542   Elliott, Graham.  Tests for the correct specification of    
            cointegrating vectors and the error correction model.  35p. 
     9546   Engle, Robert F. & Lee, Gary G.J.  Estimating diffusion     
            models of stochastic volatility.  34p.                      
     9533   Engle, Robert F. & Russell, Jeffrey R.  Forecasting the     
            frequency of changes in quoted foreign exchange prices with 
            the autoregressive conditional duration.  36p.              
     9545   Engsted, Tom & Haldrup, Niels.  Estimating the linear       
            quadratic adjustment cost (LQAC) model with I(2) variables. 
            21p.                                                        
     9531   Flores, Nicholas E. & Carson, Richard T.  The relationship  
            between income elasticities of demand and willingness to    
            pay.  22p.                                                  
     9539   Germano, Fabrizio.  Bertrand-Edgeworth equilibria in finite 
            exchange economies.  52p.                                   
     9543   Granger, Clive W.J. & Haldrup, Niels.  Separation in        
            cointegrated systems, long memory components and common     
            stochastic trends.  16p.                                    
     9534   Hamilton, James D.  Specification testing in Markov         
            switching time series models.  48p.                         
     9536   Hamilton, James D.  This is what happened to the oil        
            price-macroeconomy relationship.  10p.                      
     9547   Squires, Dale.  Firm behavior under rations and vouchers:   
            the theory and application of inverse derived demand.  40p. 
     9530   Watson, Joel.  Building a relationship.  41p.               

     UNIVERSITY OF CALIFORNIA-SANTA BARBARA.  Department of Economics.  

     1/96   Funkhouser, Edward.  How much of immigrant wage assimilation
            is related to English language acquisition?.  55p.          
     2/96   Xing, Yuqing & Kolstad, Charles D..  Environment and trade: 
            a review of theory and issues.  25p.                        

     BANK OF CANADA.  Technical Reports.                                

     74     Stuber, Gerald.  The electronic purse: an overview of recent
            developments and policy issues.  64p.                       

     UNIVERSIDAD CARLOS III de MADRID.  Dept. de Economia.              

     9559   Boucekkine, Raouf, Licandro, Omar & Paul, Christopher.      
            Differential-difference equations in economics: on the      
            numerical solution of vintage capital growth markets.  25p. 
     9610   Camino, David.  The role of information and trading volume  
            on intradaily and weekly returns patterns in the Spanish    
            stock market.  28p.                                         
     9611   Camino, David.  A transaction cost approach to strategic    
            alliances in telecommunications.  27p.                      
     9603   del Rio, Coral & Ruiz-Castillo, Javier.  Intermediate       
            inequality and welfare: the case of Spain, 1980-81 to       
            1990-91.  31p.                                              
     9608   Ganuza, Juan Jose.  Optimal procurement mechanism with      
            observable quality.  22p.                                   
     9601   Kujal, Praveen & Michelitsch, Roland.  Market power,        
            inelastic elasticity of demand, and terms of trade.  67p.   
     9602   Petrakis, Emmanuel & Vlassis, Minas.  Endogenous wage       
            bargaining institutions in oligopolistic industries.  24p.  

     COLUMBIA UNIVERSITY. Grad. School of Business-Paine Webber Series. 

     9525   Campa, Jose M. & Chang, P.H. Kevin.  Arbitrage-based tests  
            of target zone credibility: evidence from ERM cross-rate    
            options.  37p.                                              
     9526   Campa, Jose M. & Chang, P.H. Kevin.  The forecasting ability
            of correlations implied in foreign exchange options.  29p.  
     9519   Chichilnisky, Graciela & Heal, Geoffrey M.  Special choice  
            with infinite populations: construction of a rule and       
            impossibility results.  20p.                                
     9517   Heal, Geoffrey M.  Markets and biodiversity.  10p.          
     9516   Heal, Geoffrey M.  International dimensions of environmental
            policy.  24p.                                               
     9518   Heal, Geoffrey M.  Social choice and resource allocation: a 
            topological perspective.  12p.                              
     9527   Vassalou, Maria.  Tests of alternative international asset  
            pricing models.  42p.                                       

     (ENGLAND) CENTRE FOR ECONOMIC POLICY RESEARCH.                     

     1345   Acemoglu, Daron.  Matching, heterogeneity and the evolution 
            of income distribution.  41p.                               
     1328   Anderson, Simon P. & de Palma, Andre.  From local to global 
            competition.  49p.                                          
     1331   Baldwin, Richard E. & Seghezza, Elena.  Testing for         
            trade-induced investment-led growth.  30p.                  
     1335   Ben-David, Dan & Loewy, Michael B.  Knowledge dissemination,
            capital accumulation, trade, and endogenous growth.  21p.   
     1336   Ben-David, Dan, Lumsdaine, Robin L. & Papell, David H.  The 
            unit root hypothesis in long term output: evidence from two 
            structural breaks in 16 countries.  18p.                    
     1256   Boltho, Andrea, Carlin, Wendy & Scaramozzino, Pasquale.     
            Will East Germany become a new Mezzogiorno?.  33p.          
     1326   Cabrales, Antonio & Motta, Massimo.  Country asymmetries,   
            endogenous product choice and the speed of trade            
            liberalization.  47p.                                       
     1287   Correia, Isabel & Teles, Pedro.  Is the Friedman rule       
            optimal when money is an intermediate good?.  21p.          
     1333   Crafts, Nicholas F.R.  Endogenous growth: lessons for and   
            from economic history.  89p.                                
     1353   Danthine, Jean-Pierre & Donaldson, John B.  Labour          
            contracts, operating leverage and asset pricing.  41p.      
     1334   Dolado, Juan J. & Lopez-Salido, J. David.  Hysteresis and   
            economic fluctuations (Spain, 1970-94).  34p.               
     1329   Elston, Julie Ann.  Investment, liquidity constraints and   
            bank relationships: evidence from German manufacturing      
            firms.  22p.                                                
     1340   Fatas, Antonio.  Endogenous growth and stochastic trends.   
            21p.                                                        
     1325   Fauli-Oller, Ramon & Motta, Massimo.  Managerial incentives 
            for mergers.  21p.                                          
     1330   Favero, Carlo A., Giavazzi, Francesco & Spaventa, Luigi.    
            High yields: the spread on German interest rates.  47p.     
     1349   Frankel, Jeffrey A. & Rose, Andrew K.  Currency crashes in  
            emerging markets: empirical indicators.  29p.               
     1344   Fujita, Masahisa & Thisse, Jacques-Francois.  Economics of  
            agglomeration.  53p.                                        
     1350   Galor, Oded.  Convergence? Inference from theoretical       
            models.  20p.                                               
     1352   Giovannetti, Giorgia & Samiel, Hossein.  Hysteresis in      
            exports.  17p.                                              
     1311   Harhoff, Dietmar & Kane, Thomas J.  Is the German           
            apprenticeship system a panacea for the U.S. labour market?.
             33p.                                                       
     1356   Haskel, Jonathan.  The decline in unskilled employment in   
            U.K. manufacturing.  37p.                                   
     1351   Hughes-Hallett, Andrew & McAdam, Peter.  Fiscal deficit     
            reductions in line with the Maastricht criteria for monetary
            union: an empirical analysis.  56p.                         
     1312   Konrad, Kai A. & Lommerud, Kjell E.  The bargaining family  
            revisited.  23p.                                            
     1323   Lindbeck, Assar & Snower, Dennis J.  Restructuring          
            production and work.  42p.                                  
     1341   Markusen, James R. & Venables, Anthony J.  The theory of    
            endowment, intra-industry and multinational trade.  40p.    
     1282   Musu, Ignazio.  Transitional dynamics to optimal sustainable
            growth.  15p.                                               
     1271   Myers, Gordon M. & Papageorgiou, Yorgos Y.  International   
            migration controls.  35p.                                   
     1343   O'Rourke, Kevin H. & Williamson, Jeffrey G.  Around the     
            European periphery 1870-1913: globalization, schooling, and 
            growth.  64p.                                               
     1327   Ottaviano, Gianmarco I.P.  Monopolistic competition, trade, 
            and endogenous spatial fluctuations.  29p.                  
     1332   Pagano, Marco, Panetta, Fabio & Zingales, Luigi.  Why do    
            companies go public?: an empirical analysis.  55p.          
     1354   Puga, Diego & Venables, Anthony J.  The spread of industry: 
            spatial agglomeration in economic development.  35p.        
     1355   Quah, Danny T.  Twin peaks: growth and convergence in models
            of distribution dynamics.  16p.                             
     1342   Razin, Assaf & Yuen, Chi-Wa.  Labour mobility and fiscal    
            coordination: setting growth agenda for an economic union.  
            30p.                                                        
     1357   Ritschl, Albrecht.  Sustainability of high public debt: what
            the historical record shows.  22p.                          
     1338   Saint-Paul, Gilles.  Employment protection, international   
            specialization, and innovation.  22p.                       
     1337   Sutherland, Alan.  Exchange rate dynamics and financial     
            market integration.  28p.                                   
     1324   Walz, Uwe & Wellisch, Dietmar.  Strategic public provision  
            of local inputs for oligopolistic firms in the presence of  
            endogenous location choice.  25p.                           
     1346   Zweimuller, Josef & Winter-Ebmer, Rudolf.  Immigration,     
            trade, and Austrian unemployment.  26p.                     

     UNIVERSITY OF ESSEX.  Department of Economics.                     

     450    Burdett, Kenneth & Coles, Melvyn G.  Steady state price     
            distributions in a noisy search equilibrium.  50p.          
     453    Coles, Melvyn & Philippopoulos, Apostolis.  Are exchange    
            rate bands better than fixed exchange rates?.  36p.         
     456    Guariglia, Alessandro.  Simulating the inventory behaviour  
            in a Q-theoretic framework.  44p.                           
     452    Katsimi, Margarita.  Elections and the size of the public   
            sector.  38p.                                               
     451    Katsimi, Margarita.  Firing costs, job tenure and           
            employment.  28p.                                           
     455    Lockwood, Ben & Phillippoulos, Apostolis.  Politics and     
            fiscal policy: theory and evidence from Greece.  27p.       
     454    Masters, Adrian.  Incentives for investment in human and    
            physical capital.  35p.                                     
     457    Masters, Adrian M.  Wage posting in two-sided search and the
            minimum wage.  27p.                                         

     THE MAURICE FALK INSTITUTE FOR ECONOMIC RESEARCH IN ISRAEL.        

     9602   Yitzhaki, Shlomo.  Do we need a separate poverty            
            measurement?.  40p.                                         

     FEDERAL RESERVE BANK OF CHICAGO.  Research Department.             

     9519   Segal, Lewis M.  Flexible employment: composition and       
            trends.  27p.                                               

     FEDERAL RESERVE BANK OF DALLAS.  Research Department.              

     9601   Haslag, Joseph H.  The monetary policy effects on seignorage
            revenue in a simple growth model.  35p.                     

     FEDERAL RESERVE BANK OF KANSAS CITY.  Research Division.           

     9514   Becketti, Sean, Hakkio, Craig S. & Joines, Douglas H.       
            Exchange rates in the long run.  40p.                       
     9513   Clark, Todd E.  Forecasting an aggregate of cointegrated    
            disaggregates.  32p.                                        
     9515   Filardo, Andrew J. & Gordon, Stephen F.  Business cycle     
            turning points: two empirical business cycle model          
            approaches.  35p.                                           
     9516   Golob, John E.  Equities and the economy: another           
            intertemporal anomaly.  21p.                                

     FEDERAL RESERVE BANK OF MINNEAPOLIS.  Research Department.         

     563    Kehoe, Timothy J.  Social accounting matrices and applied   
            general equilibrium models.  43p.                           

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

     108    Stokey, Nancy L.  NAFTA and Mexican development.  36p.      
     109    Stokey, Nancy L.  A note on dynamic programing with         
            homogeneous functions.  17p.                                

     FEDERAL RESERVE BANK OF NEW YORK. Research & Market Analysis Group.

     10     Antzoulatos, Angelos A.  Error correction mechanisms and    
            short-run expectations.  23p.                               

     FEDERAL RESERVE BANK OF PHILDELPHIA.  Economic Research Division.  

     96-1   Berlin, Mitchell & John, Kose.  Bank equity stakes in       
            borrowing firms and financial distress.  46p.               
     96-2   Hughes, Joseph P. & Mester, Loretta J.  Bank capitalization 
            and cost: evidence of scale economies in risk management and
            signalling.  41p.                                           
     9529   Robertson, Douglas.  Are banks converging to one size?.     
            61p.                                                        
     9528   Sill, Keith.  Some monetary policy implications of          
            increasing consumption variety.  20p.                       

     FEDERAL RESERVE BOARD.  Finance & Economics Discussion Series.     

     96-6   Cole, Rebel A. & Mehran, Hamid.  The effect of changes in   
            ownership structures on performance: evidence from the      
            thrift industry.  39p.                                      
     96-2   Estevao, Marcello.  Measurement error and time aggregation: 
            a closer look at estimates of output labor elasticities.    
            35p.                                                        
     96-9   Gilles, Christian & LeRoy, Stephen F.  Bubbles as payoffs at
            infinity.  29p.                                             
     96-1   Kennickell, Arthur B., Starr-McCluer, Martha & Sunden,      
            Annika E.  Saving and financial planning: some findings from
            a focus group.  18p.                                        
     96-8   Lamb, Russell L. & Diebold, Francis X.  Why are estimates of
            agricultural supply response so variable?.  26p.            
     96-7   Whitesell, William & Collins, Sean.  A minor redefinition of
            M2.  31p.                                                   
     96-5   Wieland, Volker.  Learning by doing and the value of optimal
            experimentation.  38p.                                      
     96-4   Zhou, Chunsheng.  Forecasting long and short-horizon stock  
            returns in a unified framework.  32p.                       
     96-3   Zhou, Chunsheng.  Stock market fluctuations and the term    
            structure.  34p.                                            

     FEDERAL RESERVE BOARD.  International Finance Papers.              

     542    Bertaut, Carol C. & Haliassos, Michael.  Precautionary      
            portfolio behavior from a life-cycle perspective.  40p.     
     538    Gagnon, Joseph E.  Long memory in inflation expectations:   
            evidence from international financial markets.  23p.        
     540    Kamin, Steven B. & Rogers, John H.  Monetary policy in the  
            end-game to exchange rate based stabilizations: the case of 
            Mexico.  45p.                                               
     543    Kaminsky, Graciela L. & Leiderman, Leonardo.  High real     
            interest rates in the aftermath of disinflation: is it a    
            lack of credibility?.  27p.                                 
     544    Kaminsky, Graciela L. & Reinhart, Carmen M.  The twin       
            crises: the causes of banking and balance of payments       
            problems.  26p.                                             
     541    Melick, William R. & Thomas, Charles P.  Using options      
            prices to infer PDF's for asset prices: an application to   
            oil prices during the Gulf Crisis.  39p.                    
     539    Uribe, Martin.  Comparing the welfare costs and the initial 
            dynamics of alternative temporary stabilization policies.   
            33p.                                                        

     HARVARD UNIVERSITY.  Institute of Economic Research.               

     1747   Glaeser, Edward L.  The social costs of rent control        
            revisited.  41p.                                            
     1746   Glaeser, Edward L. & Sacerdote, Bruce.  Why is there more   
            crime in cities?.  65p.                                     
     1742   Griliches, Zvi.  The discovery of the residual: a historical
            note.  13p.                                                 
     1745   Griliches, Zvi.  Education, human capital and growth: a     
            personal perspective.  25p.                                 
     1743   Hall, Brian J.  Risk-taking incentives and the cost of      
            insurance company failures.  41p.                           
     1744   Kornai, Janos.  The dilemmas of Hungarian economic policy.  
            25p.                                                        

     HEBREW UNIV. Center for Rationality & Interactive Decision Theory. 

     98     Felsenthal, Dan S & Machover, Moshe.  Ternary voting games. 
            24p.                                                        
     99     Haimovich, Mordecai.  The simplex algorithm is very good!:  
            on the expected # of pivot steps & related properties of    
            random linear program.  48p.                                
     97     Milchtaich, Igal.  Generic uniqueness of equilibria in      
            nonatomic congestion games.  17p.                           

     HONG KONG UNIVERSITY OF SCIENCE & TECHNOLOGY.  Dept. of Economics. 

     9519   Dasgupta, Sudipto & Tao, Zhigang.  Interfirm partial        
            ownership under contractual incompleteness.  32p.           
     9527   Hong, Chew Soo & Wakker, Peter.  The comonotonic sure-thing 
            principle.  29p.                                            
     9523   Kwan, Yum-keung.  Bayesian analysis with an unknown         
            likelihood function: a limited information approach.  26p.  
     9526   Kwan, Yum-keung & Chow, Gregory C.  Estimating economic     
            effects of the Great Leap Forward and the Cultural          
            Revolution in China.  16p.                                  
     9522   Qiu, Larry D. & Tao, Zhigang.  Policy towards international 
            R & D cooperation.  30p.                                    

     UNIVERSITY OF ICELAND.  Faculty of Economics & Business Admin.     

     33     Baldursson, Fridrik M. & Karatzas, Ioannis.  Irreversible   
            investment and industry equilibrium.  23p.                  
     34     Petursson, Thorarinn G.  Backward and forward looking error 
            correction models of inflation in Iceland.  35p.            
     35     Schuler, Kurt.  The case against central banking in         
            developing countries, with a postscript on Iceland.  52p.   

     INSTITUT NATIONAL DE LA STATISTIQUE ET DES ETUDES ECONOMIQUES.     

     9558   Carassus, L. & Jouini, E.  Investment opportunities, short  
            sales constraints and arbitrage opportunity.  18p.          
     9559   Comte, F. & Lieberman, O.  On variance noncausality and     
            cointegration.  20p.                                        
     9605   Dhaene, G., Gourieroux, C. & Scaillet, O.  Non-nested       
            hypotheses and instrumental models.  50p.                   
     9603   Fermanian, J.D.  Multivariate hazard rates under random     
            censorship.  50p.                                           
     9562   Franq, C. & Zakoian, J.M.  Estimating linear representations
            of nonlinear processes.  25p.                               
     9560   Gollier, C., Koehl, P.F. & Rochet, J.C.  Risk-taking        
            behavior with limited liability and risk aversion.  21p.    
     9554   Gourieroux, C., Renault, E. & Touzi, N.  Calibration by     
            simulation for small sample bias correction.  27p.          
     9602   Koehl, P.F.  A dynamic model of the liquidity premium.  18p.
     9561   Magnac, T. & Postel-Vinay, G.  Wage competition between     
            agriculture and industry in mid-nineteenth century France.  
            35p.                                                        
     9601   Rousseau, J.  Expansions of penalized likelihood ratio      
            statistics and consequences on matching priors for HDP      
            regions.  23p.                                              
     9604   van Ypersele, T. & Wunsch, P.  Comparative advantage,       
            redistribution and the political process: a perspective on  
            social dumping.  22p.                                       

     INSTITUTO TECNOLOGICO AUTONOMO DE MEXICO. Centro de Invest. Econ.  

     9604   Antinolfi, Gaetano & Huybens, Elisabeth.  Capital           
            accumulation and real exchange rate behavior in small open  
            economy with credit market frictions.  50p.                 
     9507   Guerrero, Victor M. & Pena, Daniel.  Linear combination of  
            information in time series analysis.  22p.                  
     9605   Hernandez D., Alejandro & Zapatero, Fernando.  Exchange rate
            determination and the collapse of a target zone with        
            stochastic capital flows.  34p.                             
     9601   Mena, Hugo.  International trade in middle products and the 
            transfer problem.  47p.                                     
     9603   Renero, Juan M.  Unstable and stable steady states in the   
            Kiyotaki-Wright model.  22p.                                
     9602   Santos, Manuel S. & Vigo, Jesus.  Accuracy estimates for a  
            numerical approach to stochastic growth models.  45p.       

     IOWA STATE UNIVERSITY.  Department of Economics.                   

     38     Tesfatsion, Leigh.  An evolutionary trade network game with 
            preferential partner selection.  10p.                       

     BANCA DE ITALIA.  Research Department.                             

     261    Detragiache, Enrica & Garella, Paolo G.  Debt restructuring 
            with multiple creditors and the role of exchange offers.    
            45p.                                                        
     263    Majnoni, Giovanni & Massa, Massimo.  Share prices and       
            trading volume: indications of stock exchange efficiency.   
            63p.                                                        
     262    Rossi, Nicola & Visco, Ignazio.  National saving and social 
            security in Italy (1954-1993).  59p.                        

     JOHNS HOPKINS UNIVERSITY.  Department of Political Economy.        

     357    Carroll, Christopher D., Overland, Jody & Weil, David N.    
            Saving and growth with habit formation.  34p.               
     360    de Lima, Pedro J.F.  Nonlinearities and nonstationarities in
            stock returns.  25p.                                        
     358    Harrington, Joseph E.  An exploration into the social       
            evolution of adaptive and rigid behavior.  44p.             
     359    Khan, M. Ali & Sun, Yeneng.  Non-cooperative games on       
            hyperfinite Loeb spaces.  38p.                              

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

     9511   von Ungern-Sternberg, Thomas.  The limits of competition:   
            housing insurance in Switzerland.  9p.                      
     9510   von Ungern-Sternberg, Thomas.  Running down non-profit      
            organisations: the case of the Journal of Industrial        
            Economics.  8p.                                             
     9601   von Ungern-Sternberg, Thomas.  The Swiss national bank and  
            seignorage.  22p.                                           

     LONDON SCHOOL OF ECONOMICS.  Financial Markets Group.              

     227    Chen, Zhaohui & Huang, Haizhou.  Investment trap.  27p.     
     228    de Meza, David & Webb, David.  Entrepreneurial wealth, the  
            level of investment and credit policy.  27p.                
     229    Hart, Oliver & Moore, John.  The governance of exchanges:   
            members' co-operatives versus outside ownership.  40p.      

     LONDON SCHOOL OF ECONOMICS.  Int'l. Centre for Econ & Related Disc.

     293    d'Aspremont, Claude, Bhattacharya, Sudipto & Gerard-Varet,  
            Louis-Andre.  Bargaining and sharing knowledge.  48p.       
     292    Hart, Oliver & Moore, John.  The governance of exchanges:   
            members co-operatives versus outside ownership.  40p.       

     UNIVERSITY OF LONDON-BIRKBECK COLLEGE.  Department of Economics.   

     11/95  Booth, alison L. & Zoega, Gylfi.  Quitting externalities    
            with uncertainty about future productivity.  22p.           
     3/96   Daripa, Arupratan.  Equilibrium in contracts with competing 
            agencies.  24p.                                             
     12/95  Lindbeck, Assar & Snower, Dennis J.  Restructuring          
            production and work.  42p.                                  
     2/96   Psaradakis, Zacharias.  Testing for unit roots in time      
            series with nearly deterministic seasonal variation.  28p.  
     1/96   Snower, Dennis J.  Unemployment benefits: an assessment of  
            proposals for reform.  40p.                                 

     UNIVERSITY COLLEGE LONDON.  Department of Economics.               

     9602   Dustmann, Christian.  An economic analysis of return        
            migration.  24p.                                            
     9604   Kollmann, Robert.  Fiscal policy, productivity shocks and   
            the United States trade balance deficit.  39p.              
     9603   Kollmann, Robert.  Incomplete asset markets and the         
            cross-country consumption correlation puzzle.  24p.         
     9601   Kuypers, Tim.  The beautiful game?: an econometric study of 
            why people watch English football.  38p.                    
     9605   Vulkan, Nir.  An economist's perspective on probability     
            matching: a survey.  20p.                                   

     UNIVERSITE CATH. DE LOUVAIN.  Ctr. for Op. Research & Econometrics.

     9575   Ceria, Sebastian, et al.  Cutting planes for integer        
            programs with general integer variables.  23p.              
     9566   Cremer, Helmuth, et al.  Mobility and redistribution: a     
            survey.  28p.                                               
     9564   DeWinne, Rudy.  The discretization bias for processes of the
            short-term interest rate: an empirical analysis.  26p.      
     9563   Fujita, Masahisa, Thisse, Jacques-Francois & Zenou, Yves.   
            On the endogenous formation of secondary employment centers 
            in a city.  29p.                                            
     9569   Ghysels, Eric, Harvey, Andrew & Renault, Eric.  Stochastic  
            volatility.  70p.                                           
     9570   Klein Haneveld, Willem, Stougie, Leen & van der Vlerk,      
            Maarten H.  On the convex hull of the composition of a      
            separable and a linear function.  11p.                      
     9572   Magill, Michael & Quinzii, Martine.  Which improves welfare 
            more: nominal or indexed bond?.  43p.                       
     9565   Maret, Isabelle.  Distribution of demand behavior and the   
            golden rule stationary state.  28p.                         
     9573   Modica, Salvatore, Rustichini, Aldo & Tallon, Jean-Marc.  A 
            model of general equilibrium with unforseen contingencies.  
            35p.                                                        
     9568   Moner Colonques, Rafael.  Cost uncertainty and trade        
            liberalization in international oligopoly.  24p.            
     9567   Nesterov, Yurii.  Infeasible start interior point           
            primal-dual methods in nonlinear programming.  34p.         
     9562   Schultz, Rudiger, Stougie, Leen & van der Vlerk, Maarten H. 
            Solving stochastic programs with complete integer recourse: 
            a framework using Grobner bases.  25p.                      
     9574   Turrini, Alessandro.  Trade policy and wages when firms can 
            delocalize production.  16p.                                
     9571   Wilson, Paul W. & Simar, Leopold.  Bootstrap estimation for 
            nonparametric efficiency.  34p.                             

     MASSACHUSETTS INSTITUTE OF TECHNOLOGY.  Department of Economics.   

     96-8   Acemoglu, Daron & Zilibotti, Fabrizio.  Agency costs in the 
            process of development.  39p.                               
     96-5   Acemoglu, Daron & Verdier, Thierry.  Property rights,       
            corruption and the allocation of talent: a general          
            equilibrium approach.  34p.                                 
     96-7   Acemoglu, Daron & Pischki, Jorn-Steffen.  Why do firms      
            train?: theory and evidence.  49p.                          
     96-1   Athey, Susan.  Characterizing properties of stochastic      
            objective functions.  57p.                                  
     96-3   Chevalier, Judith & Ellison, Glenn.  Risk taking by mutual  
            funds as a response to incentives.  53p.                    
     9527   Eckaus, Richard S.  Is it beautiful to be small, or is it a 
            burden?.  40p.                                              
     96-4   Ellison, Glenn.  Basins of attraction, long run equilibria, 
            and the speed of step-by-step evolution.  44p.              
     96-2   Poterba, James M. & Samwick, Andrew A.  Stock ownership     
            patterns, stock market fluctuations, and consumption.  79p. 
     96-6   Smith, Lones.  On the irrelevance of trade timing.  13p.    

     UNIVERSITY OF MELBOURNE.  Department of Economics.                 

     503    Atkinson, M.E. & Creedy, John.  The choice of early         
            retirement age and the Australian superannuation system.    
            42p.                                                        
     501    Dixon, Robert.  Keynes' macro theory of profits.  12p.      
     502    Hurn, A.S. & Lindsay, K.A.  Time series evidence of global  
            warming.  13p.                                              

     MICHIGAN STATE UNIVERSITY.  Department of Economics.               

     9508   Glomm, Gerhard & Ravikumar, B.  Vouchers, public and private
            education, and income distribution.  29p.                   

     UNIVERSITY OF MINNESOTA.  Center for Economic Research.            

     288    Gjerstad, Steven.  Multiple equilibria in exchange economies
            with homothetic, nearly identical preferences.  26p.        

     UNIVERSITE DE MONTREAL.  Departement de Sciences Economiques.      

     9543   Arcand, Jean-Louis, Boulila, Ghazi & Tritten, Christian.    
            Intergenerational contracts, remittances, and growth.  55p. 
     9552   Bai, Jushan & Perron, Pierre.  Estimating and testing linear
            models with multiply structural changes.  56p.              
     9556   Boyer, Marcel & Moreaux, Michel.  Capacity commitment versus
            flexibility: the technological choice nexus in a strategic  
            context.  35p.                                              
     9557   Boyer, Marcel & Laffont, Jean-Jacques.  Environmental       
            protection, producer insolvency and lender liability.  36p. 
     9555   Boyer, Marcel, Mahenc, Philippe & Moreaux, Michel.  Entry   
            blockading locations.  35p.                                 
     9550   Briys, Eric & Viala, Pascale.  Optimal insurance design     
            under background risk.  12p.                                
     9560   Dionne, Georges & Gollier, Christian.  A model of           
            comparative statics for changes in stochastic returns with  
            dependent risky assets.  12p.                               
     9547   Dufour, Jean-Marie & Kiviet, Jan F.  Exact inference methods
            for first-order autoregressive distributed lag models.  50p.
     9553   Grandmont, Renato de Lemos.  Mexico's financial             
            liberalization and reform: a critical overview.  64p.       
     9554   Grandmont, Renato de Lemos.  Multivariate cointegration in a
            the presence of structural breaks: the case of money demand 
            in Mexico.  67p.                                            
     9559   Margolis, David N.  Cohort effects and returns to seniority 
            in France.  27p.                                            
     9558   Montmarquette, Claude, Mahseredjian, Sophie & Houle, Rachel.
             The determinants of university dropouts: a sequential      
            decision model with selectivity bias.  15p.                 
     9551   Ng, Serena & Pinkse, Joris.  Nonparametric two-step         
            estimation of unknown regression functions when the         
            regressors ... are not independent.  20p.                   

     NATIONAL BUREAU OF ECONOMIC RESEARCH.  Working Papers.             

     5478   Adams, James & Griliches, Zvi.  Measuring science: an       
            exploration.  34p.                                          
     5479   Ait-Sahalia, Yacine.  Dynamic equilibrium and volatility in 
            financial asset markets.  40p.                              
     5438   Altonji, Joseph G. & Pierret, Charles R.  Employer learning 
            and the signaling value of education.  37p.                 
     5445   Bekaert, Geert & Gray, Stephen F.  Target zones and exchange
            rates: an empirical investigation.  51p.                    
     5439   Bernanke, Ben S. & Carey, Kevin.  Nominal wage stickiness   
            and aggregate supply in the Great Depression.  44p.         
     5475   Blonigen, Bruce A. & Feenstra, Robert C.  Protectionist     
            threats and foreign direct investment.  41p.                
     5482   Bomfin, Antulio N. & Diebold, Francis X.  Bounded           
            rationality and strategic complementarity in a macro model: 
            policy effects, persistence and multipliers.  27p.          
     5468   Borenstein, Severin & Shepard, Andrea.  Sticky prices,      
            inventories, and market power in wholesale gasoline markets.
             42p.                                                       
     5454   Borjas, George J., Freeman, Richard B. & Katz, Lawrence F.  
            Searching for the effect of immigration on the labor market.
             12p.                                                       
     5474   Brander, James A. & Taylor, Scott M.  Open access renewable 
            resources: trade and trade policy in a two-country model.   
            31p.                                                        
     5452   Bruno, Michael & Easterly, William.  Inflation's children:  
            tales of crises that beget reforms.  10p.                   
     5455   Buchinsky, Moshe & Hunt, Jennifer.  Wage mobility in the    
            United States.  59p.                                        
     5471   Caballero, Ricardo J. & Hammour, Mohamad L.  The            
            "fundamental transformation" in macroeconomics.  12p.       
     5442   Calomiris, Charles N. & Kahn, Charles M.  The efficiency of 
            self-regulated payments systems: learning from the Suffolk  
            System.  48p.                                               
     5450   Card, David & Krueger, Alan B.  Labor market effects of     
            school quality: theory and evidence.  66p.                  
     5463   Corman, Hope & Mocan, H. Naci.  A time-series analysis of   
            crime and drug use in New York City.  43p.                  
     5429   Costa, Dora L.  Displacing the family: Union Army pensions  
            and elderly living arrangements.  29p.                      
     5481   Diebold, Francis X. & Senjadji, Abdelhak S.  Deterministic  
            vs. stochastic trend in U.S. GNP, yet again.  17p.          
     5456   Di Pasquale, Denise & Glaeser, Edward L.  The L.A. riot and 
            the economics of urban unrest.  38p.                        
     5457   Eaton, Jonathan & Tamura, Akiko.  Japanese and U.S. exports 
            and investment as conduits of growth.  29p.                 
     5462   Fazzari, Steven M., Hubbard, R. Glenn & Petersen, Bruce C.  
            Financing constraints and corporate investment: response to 
            Kaplan and Zingales.  38p.                                  
     5469   Feldstein, Martin.  The costs and benefits of going from low
            inflation to price stability.  55p.                         
     5437   Frankel, Jeffrey A. & Rose, Andrew K.  Currency crashes in  
            emerging markets: empirical indicators.  29p.               
     5476   Frankel, Jeffrey A. & Romer, David.  Trade and growth: an   
            empirical investigation.  49p.                              
     5431   Frankel, Jeffreu A., Stein, Ernesto & Wei, Shang-Jin.       
            Regional trading arrangements: natural or supernatural?.    
            14p.                                                        
     5451   Freeman, Richard B.  Why do so many young American men      
            commit crimes and what might we do about it?.  33p.         
     5435   Freeman, Richard B.  Working for nothing: the supply of     
            volunteer labor.  41p.                                      
     5465   Friedman, Benjamin M.  The rise and fall of money growth    
            targets as guidelines for U.S. monetary policy.  31p.       
     5441   Glaeser, Edward L.  The social cost of rent control         
            revisited.  41p.                                            
     5430   Glaeser, Edward L. & Sacerdote, Bruce.  Why is there more   
            crime in cities?.  65p.                                     
     5453   Gorton, Gary & Schmid, Frank A.  Universal banking and the  
            performance of German firms.  73p.                          
     5447   Grossman, Gene M. & Helpman, Elhanan.  Intergenerational    
            redistribution with short-lived governments.  45p.          
     5470   Helliwell, John F.  Economic growth and social capital in   
            Asia.  30p.                                                 
     5458   Ishikawa, Jota & Spencer, Barbara J.  Rent-shifting export  
            subsidies with an imported intermediate product.  38p.      
     5446   Jones, Charles M., Lamont, Owen & Lumsdaine, Robin.  Public 
            information and the persistence of bond market volatility.  
            26p.                                                        
     5480   Ju, Jiandong & Krishna, Kala.  Market access and welfare    
            effects of free trade areas without rules of origin.  25p.  
     5459   Juhn, Chinhui & Murphy, Kevin M.  Wage inequality and family
            labor supply.  42p.                                         
     5434   Kaestner, Robert, Joyce, Theodore & Wehbeh, Hassan.  The    
            effect of maternal drug use on birth weight: measurement    
            error in binary variables.  25p.                            
     5466   Kessler, Daniel P. & McClellan, Mark.  Do doctors practice  
            defensive medicine?.  49p.                                  
     5428   Kremer, Michael.  Integrating behavioral choice into        
            epidemiological models of AIDS.  36p.                       
     5473   Krugman, Paul.  Domestic distortions and the                
            deindustrialization hypothesis.  29p.                       
     5444   Lazear, Edward P.  Incentives in basic research.  45p.      
     5436   Lazear, Edward P. & Freeman, Richard B.  Relational         
            investing: the worker's perspective.  35p.                  
     5427   Leamer, Edward E.  In search of Stolper-Samuelson effects on
            U.S. wages.  70p.                                           
     5448   Leamer, Edward E.  What's the use of factor contents?.  17p.
     5410   Lewis, Karen K.  Consumption, stock returns, and the gains  
            from international risk-sharing.  40p.                      
     5423   Meyer, Bruce D. & Rosenbaum, Dan T.  Repeat use of          
            employment insurance.  31p.                                 
     5467   Milesi-Feretti, Gian Maria & Razin, Assaf.  Sustainability  
            of persistent current account deficits.  31p.               
     5464   Mishkin, Frederic S.  The channels of monetary transmission:
            lessons for monetary policy.  27p.                          
     5449   Poterba, James M.  Budget institutions and fiscal policy in 
            the U.S. states.  14p.                                      
     5440   Prusa, Thomas J.  The trade effects of U.S. antidumping     
            actions.  33p.                                              
     5396   Rajan, Raghuram G. & Zingales, Luigi.  The tyranny of the   
            inefficient: an enquiry into the adverse consequences of    
            power struggles.  38p.                                      
     5433   Razin, Assaf & Yuen, Chi-Wa.  Labor mobility and fiscal     
            coordination.  29p.                                         
     5443   Romer, Paul M.  Why, indeed, in America:? theory, history,  
            and the origins of modern economic growth.  13p.            
     5461   Shavell, Steven & Spier, Kathryn.  Threats without binding  
            commitment.  18p.                                           
     5460   Smart, Scott & Waldfogel, Joel.  A citation-based test for  
            discrimination at economics and finance journals.  40p.     
     5472   Spilimbergo, Antonio & Stein, Ernesto.  The welfare         
            implicatons of trading blocs among countries with different 
            endowments.  53p.                                           
     5477   Staiger, Douglas, Stock, James H. & Watson, Mark W.  How    
            precise are estimates of the natural rate of unemployment?. 
            56p.                                                        
     5432   Taylor, Alan M.  On the costs of inward-looking development:
            historical perspectives on....Latin America from the 1930s  
            to the 1980s.  42p.                                         

     UNIVERSITY OF NEW SOUTH WALES.  School of Economics.               

     9545   Fox, Kevin J.  White noise and other experiments on         
            augmented Dickey-Fuller tests.  38p.                        
     9547   Gans, Joshua S.  Fixed cost assumptions in industrialisation
            theories.  14p.                                             
     9546   Gans, Joshua S.  Industrialisation with specialisation and  
            modernisation: static and dynamic calibrations.  32p.       
     9543   Kemp, Murray C. & Van Long, Ngo.  On the evaluation of      
            social income in a dynamic economy: generalizations.  15p.  
     9544   Kriesler, Peter & Halevi, Joseph.  Asia, Japan and the      
            internationalization of effective demand.  26p.             
     9542   Truong, Cong Nghe & Tran-Nam, Binh.  Perpetual growth in an 
            aggregative model with endogenous human capital             
            accumulation.  30p.                                         

     NEW YORK UNIVERSITY.  Center for Applied Economics.                

     9527   Schotter, Andrew, Snyder, Blaine & Zheng, Wei.  Bargaining  
            through agents: an experimental study of delegation and     
            commitment.  60p.                                           

     NEW YORK UNIVERSITY.  Stern School of Business.                    

     9601   Easterly, William & Wolf, Holger C.  The wild ride of the   
            ruble.  21p.                                                
     9607   Economides, Nicholas & White, Lawrence J.  The inefficiency 
            of the efficient component pricing rule (ECPR) yet again: a 
            reply to Larson.  17p.                                      
     9602   Ghosh, Atish R. & Wolf, Holger C.  On the mark(s): optimum  
            currency areas in Germany.  21p.                            
     9605   Green, Gordon R.  Market institutions and allocations.  17p.
     9606   White, Lawrence J.  U.S. public policy toward network       
            industries.  53p.                                           
     9604   Wolf, Holger C.  Currency baskets as international units of 
            account.  24p.                                              
     9603   Wolf, Holger C.  Savings in Eastern Europe.  22p.           

     UNIVERSITY OF NORTH CAROLINA.  Department of Economics.            

     95-2   Mroz, Thomas A. & Guilkey, David K.  Discrete factor        
            approximations for use in simultaneous equation models w/   
            both continuous & discrete endo. variable.  54p.            

     NORTHWESTERN UNIVERSITY. Center for Math Studies in Econ & Mgmt Sci

     1140   Al-Najjar, Nabil I.  Factor structures and arbitrage pricing
            in large asset markets.  36p.                               
     1143   Al-Najjar, Nabil I.  Incentive contracts in two-sided moral 
            hazards with multiple agents.  23p.                         
     1142   Barbera, Salvador, Jackson, Matthew O. & Neme, Alejandro.   
            Strategy-proof allotment rules.  20p.                       
     1146   Gilboa, Itzhak & Pazgal, Amit.  History dependent brand     
            switching: theory and evidence.  35p.                       
     1138   Jackson, Matthew & Kalai, Ehud.  Social learning in         
            recurring games.  37p.                                      
     1137   Jones, Michael A.  The classification of continuation       
            probabilities.  12p.                                        
     1136   Jones, Michael A.  Cones of cooperation for indefinitely    
            repeated, generalized prisoner's dilemma games.  17p.       
     1141   Kalai, Ehud.  Games, computers, and operations research.    
            6p.                                                         
     1144   Kalai, Ehud, Lehrer, Ehud & Smorodinsky, Rann.  Calibrated  
            forecasting and merging.  18p.                              
     1145   Miravete, Eugenio J.  Screening consumers through           
            alternative pricing mechanisms.  30p.                       
     1135   Poitevin, Michel.  Contract regulation and organizational   
            design.  49p.                                               
     1139   Shavell, Steven & Spier, Kathryn.  Threats without binding  
            commitment.  15p.                                           
     1147   Pesendorfer, Wolfgang & Swinkels, Jeroen M.  The loser's    
            curse and information aggregation in common value auctions. 
            35p.                                                        

     NORWEGIAN SCHOOL OF ECONOMICS & BUSINESS ADMINISTRATION.           

     1/96   Bjerksund, Petter & Schjelderup, Guttorm.  Taxing           
            internationally mobile capital: the efficiency-equity       
            trade-off.  22p.                                            

     OHIO STATE UNIVERSITY.  Department of Economics.                   

     9602   Bidarkota, Prasad V. & McCulloch, J. Huston.  State-space   
            modeling with symmetric stable shocks: the case of U.S.     
            inflation.  35p.                                            
     9605   Chen, Jian & Mark, Nelson C.  Alternative long-horizon      
            exchange-rate predictors.  41p.                             
     9507   Glass, Amy & Saggi, Kamal.  Foreign direct investment and   
            the nature of R & D.  39p.                                  
     9506   Glass, Amy & Saggi, Kamal.  Intellectual property rights,   
            foreign direct investment, and innovation.  36p.            
     9603   Hai, Weike, Mark, Nelson & Wu, Yangru.  Understanding spot  
            and forward exchange rate regressions.  31p.                
     9601   Hashimoto, Masanori & Zhao, Jingang.  Non-wage              
            compensations, employment, and hours.  37p.                 
     9604   Mark, Melson C. & Choi, Doo-Yull.  Real exchange-rate       
            prediction over long horizons.  35p.                        

     UNIVERSITY OF PENNSYLVANIA.  Center for Analytic Research in Econ. 

     9602   Ahn, Illtae & Suominen, Matti.  Word-of-mouth communication 
            and community enforcement.  27p.                            
     9520   Citann, Alessandro, Cres, Herve & Villanacc, Antonio.       
            Underemployment of resources and self-confining beliefs.    
            29p.                                                        
     9519   Coate, Stephen & Morris, Stephen.  Policy persistence.  32p.
     9601   Ghiglino, Christian & Tvede, Mich.  Multiplicity of         
            equilibria.  16p.                                           

     UNIVERSITAT POMPEU FABRA.  Economics Working Papers.               

     142    Ciccone, Antonio & Matsuyama, Kiminori.  Start-up costs and 
            pecuniary externalities as barriers to economic development.
             35p.                                                       
     141    Dagan, Nir.  Consistent solutions in exchange economies: a  
            characterization of the price mechanism.  17p.              
     145    Marin, Jose M. & Rahi, Rohit.  Information revelation and   
            market incompleteness.  20p.                                
     146    Marin, Jose M. & Oliver, Jacques P.  On the impact of       
            leverage constraints on asset prices and trading volume.    
            48p.                                                        
     147    Motta, Massimo.  Research joint ventures in an international
            economy.  25p.                                              
     140    Pinto, Jose Luis.  Is the person trade-off a valid method   
            for allocating health care resources?: some caveats.  25p.  
     144    Rodriguez Mora, Jose V.  Shared knowledge.  28p.            
     139    Sala-i-Martin, Xavier.  Transfers, social safety nets, and  
            economic growth.  36p.                                      
     143    Shioji, Etsuro.  Regional allocation of skills.  42p.       

     UNIVERSIDADE CATOLICA PORTUGUESA.  Departamento de Economia.       

     66     Barros, Fatima & Modesto, Leonor.  Foreign direct investment
            vs. exports under asymmetric information.  18p.             
     67     Branco, Fernando.  Procurement favoritism in high           
            technology.  28p.                                           
     64     Hallam, David & Machado, Fernando.  Efficiency analysis with
            panel data.  19p.                                           
     58     Martins, Ana Paula.  Time endowment and labor supply: a     
            technical note.  14p.                                       

     PRINCETON UNIVERSITY.  Industrial Relations Section.               

     359    Card, David & Robins, Philip K.  Do financial incentives    
            encourage welfare recipients to work?: findings from the    
            Canadian self sufficiency project.  50p.                    
     358    Krueger, Alan B. & Pischke, Jorn-Steffen.  A statistical    
            analysis of crime against foreigners in unified Germany.    
            39p.                                                        

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

     1069   Chakravarty, Sugato & McConnell, John J.  An analysis of    
            prices, bid-ask spread, and bid & ask depth surrounding     
            Boesky's illegal trading in Carnation stock.  24p.          
     1070   McConnell, John J. & Servaes, Henri.  Equity ownership and  
            the two faces of debt.  24p.                                

     QUEEN'S UNIVERSITY.  Institute for Economic Research.              

     932    Davidson, Russell & McKinnon, James G.  The size and power  
            of bootstrap tests.  38p.                                   
     929    Francois, Patrick.  A theory of gender discrimination based 
            on the household.  43p.                                     
     931    Gregory, Allan W. & Head, Allen C.  Common and              
            country-specific fluctuations in productivity, investment,  
            and the current account.  33p.                              
     930    Shi, Shouyong.  A divisible search model of fiat money.     
            35p.                                                        

     UNIVERSITY OF SOUTHERN CALIFORNIA. Dept. of Econ-Anderson Series.  

     9506   Cason, Timothy N. & Friedman, Daniel.  Price formation in   
            single call markets.  49p.                                  

     UNIVERSITY OF STOCKHOLM.  Department of Economics.                 

     96-1   Muren, Astri.  Quantity precommitment in experimental       
            oligopoly markets.  18p.                                    

     TEL-AVIV UNIVERSITY.  Foerder Institute of Economic Research.      

     43/95  Ben-David, Dan.  Convergence clubs and subsistence          
            economies.  12p.                                            
     45/95  Fershtman, Chaim & de Zeeuw, Aart.  Tradeable emission      
            permits in oligopoly.  36p.                                 
     2/96   Grossman, Gene M. & Helpman, Elhanan.  Intergenerational    
            redistribution with short-lived governments.  43p.          
     44/95  Grossman, Gene M. & Helpman, Elhanan.  Technological        
            determinants of trade.  25p.                                
     1/96   Sulganik, Eyal & Zilcha, Itzhak.  The value of information: 
            the case of signal-dependent opportunity sets.  15p.        

     UNIVERSITY OF TOKYO.  Faculty of Economics.                        

     96-2   Fujimoto, Takahiro.  An evolutionary process of Toyota's    
            final asssembly operations: the role of ex-post dynamic     
            capabilities.  43p.                                         
     96-3   Itoh, Motoshige.  Distribution systems and vertical         
            integration: protectionism or normal business practice?.    
            31p.                                                        
     96-4   Kandori, Michihiro.  Evolutionary game theory in economics. 
            50p.                                                        
     9535   Kunitomo, Naoto & Sato, Seisho.  Tables of limiting         
            distributions useful for testing unit roots & cointegration 
            with multiple structural breaks.  52p.                      
     96-1   Okuno-Fujiwara, Masahiro.  Toward a comparative             
            institutional analysis of government business relationships.
             35p.                                                       

     UNIVERSITA DEGLI STUDI DI VENEZIA.  Dipartimento di Scienze Econ.  

     9603   Cothren, Richard & Parigi, Bruno.  National debt and family 
            size.  13p.                                                 
     9601   De Lotto, Pietro F.  Cooperation vs. competition: the EU    
            generalized system of preferences sensitivity issue.  95p.  
     9604   Luna, Francesco.  Computable learning, neural networks and  
            institutions.  23p.                                         
     9516   Roson, Roberto & van der Bergh, Jeroen.  Network markets for
            composite goods and services: structure and efficiency.     
            19p.                                                        
     9602   Tattara, Giuseppe & Volpe, Mario.  Italy, the fiscal        
            dominance model, and the gold standard age.  35p.           
     9517   Toniolo, Gianni.  Does history have useful economics?:      
            lessons from Europe's golden age (1950-73).  34p.           

     UNIVERSITY OF VICTORIA (BC).  Department of Economics.             

     9601   Engineer, Merwan.  Transaction costs and competing          
            currencies.  26p.                                           
     9603   Engineer, Merwan & Shi, Shouyong.  Bargaining-induced       
            transaction demand for fiat money.  39p.                    
     9602   Engineer, Merwan, Esteban, Joan & Sakovics, Jozsef.  Costly 
            transfer institutions and the core in an overlapping        
            generations model.  16p.                                    
     9604   Giles, David E.A.  Causality between the measured and       
            underground economies in New Zealand.  11p.                 

     UNIVERSITY OF VIRGINIA.  Center for Studies in Political Economy.  

     266    Breit, William, Elzinga, Kenneth G. & Willett, Thomas D.    
            The Yeager mystique: the polymath as teacher, scholar and   
            colleague.  29p.                                            
     265    Jain, Neelam.  Credit-interlinkages and usurious informal   
            lending.  31p.                                              
     264    John, Andrew & Yi, Kei-Mu.  Language, learning and location.
             87p.                                                       

     WASHINGTON UNIVERSITY-ST. LOUIS.  Department of Economics.         

     200    Barnett, William A., Kirova, Milka & Pasupathy, Meenaksi.   
            Technology modelling: curvature is not sufficient for       
            regularity.  46p.                                           
     202    Berliant, Marcus & Strauss, Robert P.  Horizontal and       
            vertical equity: a theoretical framework & empirical results
            for the federal ind. income tax 1966-89.  48p.              
     201    Berliant, Marcus & Strauss, Robert P.  On recent expositions
            of horizontal and vertical equity.  22p.                    

     UNIVERSITY OF WESTERN ONTARIO.  Department of Economics.           

     9602   Aguirregabiria, Victor.  Estimation of dynamic decision     
            models with corner solutions: a model of price and inventory
            decisions.  49p.                                            
     9603   Bental, Benjamin & Peled, Dan.  Growth effects of subsidies 
            in a search theoretic R & D model: a quantitative           
            evaluation.  27p.                                           
     9601   Bowlus, Audra J., Kiefer, Nicholas M. & Neumann, George R.  
            Fitting equilibrium search models to labor market data.     
            29p.                                                        

     WASHINGTON UNIVERSITY.  CSAB.  Formal Publications (Pamphlets).    

     129    Lambert, Thomas.  Defusing the "population bomb" with free  
            markets.  35p.                                              


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