New Acquisitions - April 1998
UNIVERSITY OF ADELAIDE. Department of Economics.
98-1 Williams, Jenny & Sickles, Robin C. The fable of crime as
work. 30p.
98-3 Williams, Jenny & Sickles, Robin C. An intertemporal model
of rational criminal choice. 41p.
98-2 Williams, Jenny & Sickles, Robin C. On the role of social
capital in youth crime: a dynamic structural approach. 40p.
92-4 McLean, I.W. & Woodland, S.J. Consumer prices in Australia,
1850-1914. 55p.
96-1 Tisato, Peter & Porter, Nathan. Pollution control and cost
minimising responses. 18p.
ASOCIACION SUDEUROPA DE ECONOMICA TEORICA. Econ. Disc. Papers.
167 Catigny, Pierre & Blot, Joel. Optimality infinite horizon
variational problems with holonomic constraints. 17p.
170 Davidson, Russell & MacKinnon, James G. Bootstrap tests of
nonnested linear regression models. 24p.
168 de la Croix, David & Michel, Philippe. Optimal growth when
tastes are inherited. 16p.
164 Fernandez Macho, Javier & Roca Castro, Maria Jose. Testing
for convergence: the punt-Sterling relationship in the
context of the EMS. 20p.
165 Gonzalez Casimiro, Pilar. Selection of the timing interval
in structural time series models. 35p.
172 Grafe, Fritz & Mauleon, Ana. Externalities and free trade
agreements. 21p.
169 Hamiache, Gerard. A value with incomplete communication.
34p.
166 Kirman, Alan. Interaction and markets. 69p.
171 Saracho, Ana I. The implications of intertemporal
consistency for patent licensing. 58p.
173 Van Long, Ngo & Soubeyran, Antoine. Cost manipulation in an
asymmetric oligopoly: the taxation problem. 34p.
174 Van Long, Ngo & Soubeyran, Antoine. Cost manipulation in
oligopoly: a duality approach. 34p.
ATHENS UNIVERSITY OF ECONOMICS & BUSINESS. Dept. of Economics.
91 Demopoulos, George D. & Yannacopoulos, Nicholas A.
Conditions for an optimality of an optimum currency area.
17p.
BANCO DE ESPANA. Servicio de Estudios.
9806 Andres, Javier, Hernando, Ignacio & Lopez-Salido, J. David.
Disinflation, output and unemployment: the case of Spain.
45p.
9807 Bover, Olympia, Garcia-Perea, Pilar & Portugal, Pedro. A
comparative study of the Portuguese and Spanish labour
markets. 58p.
9808 Gomez, Victor & Maravall, Agustin. Automatic modeling
methods for univariate series. 50p.
9805 Gomez, Victor & Maravall, Agustin. Guide for using the
programs TRAMO and SEATS (beta version: December 1997).
44p.
9809 Gomez, Victor & Maravall, Agustin. Seasonal adjustment and
signal extraction in economic time series. 61p.
9804 Kim, Soyoung. Monetary policy rules and business cycles.
51p.
BANK OF JAPAN. Institute for Monetary & Economic Studies.
98-2 Auerbach, Alan J., Kotlikoff, Laurence J. & Leibfritz,
Willi. Generational accounting around the world. 54p.
98-1 Takayama, Noriyuki, Kitamura, Yukinobu & Yoshida, Hiroshi.
Generational accounting in Japan. 28p.
UNIVERSIDAD AUTONOMA DE BARCELONA. Dept. de Economia et de Emet.
407 de la Fuente, Angel. Convergence equations and income
dynamics: the sources of OECD convergence, 1970-1995. 18p.
410 Petith, Howard. Capital accumulation, the organic
composition of capital, the rate of profit and the rate of
exploitation... 36p.
409 Sanchez Losada, Fernando. On education, debt and growth.
11p.
408 Sanchez Losada, Fernando. On the relationship between
education and growth. 20p.
UNIVERSITY OF CAMBRIDGE. Department of Applied Economics.
9805 Binder, Michael & Pesaran, Hashem. Optimal consumption
decisions under social interactions. 28p.
9733 Chatterjee, Kalyan & Sabourian, Hamid. Multiperson
bargaining and strategic complexity. 34p.
9732 Cook, Steven. A neglected controversy in the modelling of
consumers' expenditure. 17p.
9804 Hsiao, Cheng, Pesaran, Hashem & Tahmiscioglu, A. Kamil.
Bayes estimation of short-term coefficients in dynamic panel
data models. 38p.
9806 Hwang, Soosung & Satchell, Stephen E. Modelling emerging
market risk premia using higher moments. 36p.
9801 McNay, Kirsty, Humphries, Jane & Klasen, Stephan. Death and
gender in Victorian England and Wales: comparisons with
contemporary developing countries. 30p.
9731 Mason, Robin. Dividends, safety and liquidation when
liabilities are long-term and stochastic. 33p.
9734 Newberry, David M. Pool reform and competition in
electricity. 34p.
9735 Pedersen, Christian S. & Satchell, Steve E. Risk, utility
and switching between gambles. 37p.
9802 Pesaran, M. Hashem & Zhao, Zhongyun. Bias reduction in
estimating long-run relationships from dynamic heterogeneous
panels. 32p.
9803 van Garderen, Kees Jan, Lee, Kevin & Pesaran, Hashem.
Cross-sectional aggregation of non-linear models. 42p.
UNIVERSITY OF COPENHAGEN. Centre for Industrial Economics.
9801 Martin, Stephen. Product market competition policy and
technological performance. 33p.
UNIVERSITY OF COPENHAGEN. Institute of Economics.
9803 Aloi, Marta, Dixon, Huw D. & Lloyd-Braga, Teresa.
Endogenous fluctuations in an open economy with increasing
returns to scale. 33p.
9805 Beyer, Andreas. Monetary transmission in Germany: evidence
from a structural econometric model. 34p.
(ENGLAND) CENTRE FOR ECONOMIC POLICY RESEARCH.
1833 Acemoglu, Daron & Pischke, Jorn-Steffen. The structure of
wages and investment in general training. 25p.
1797 Acemoglu, Daron & Robinson, James A. Why did the West
extend the franchise?: democracy, inequality and growth in
historical perspective. 33p.
1836 Artis, Michael & Marcellino, Massimiliano. Fiscal solvency
and fiscal forecasting in Europe. 41p.
1845 Baldwin, Richard E. Agglomeration and endogenous capital.
30p.
1803 Baldwin, Richard E., Martin, Philippe & Ottaviano, Gianmarco
I.P. Global income divergence, trade and industrialization:
the geography of growth take-offs. 44p.
1851 Baldwin, Richard E. & Ottaviano, Gianmarco I.P.
Multiproduct multinationals and reciprocal dumping. 22p.
1850 Boeri, Tito. Enforcement of employment security
regulations, on-the-job search and unemployment duration.
30p.
1846 Bottazzi, Laura & Manasse, Paolo. Bankers' versus workers'
Europe (1): adverse selection in EMU. 40p.
1840 Bover, Olympia, Arelano, Manuel & Bentolila, Samuel.
Unemployment duration, benefit duration and the business
cycle. 57p.
1831 Buiter, Willem H. Notes on `A Code for Fiscal Stability'.
15p.
1799 Buiter, Willem H. The young person's guide to neutrality,
price level indeterminacy, interest rate pegs and fiscal
theories... 45p.
1830 Burgess, Simon & Propper, Carol. An economic model of
household income dynamics, with an application to poverty
dynamics among American women. 76p.
1847 Cukierman, Alex & Lippi, Francesco. Central bank
independence, centralization of wage bargaining, inflation
and unemployment: theory and evidence. 53p.
1819 Danthine, Jean-Pierre & Donaldson, John B. Non-falsified
expectations and general equlibrium asset pricing: the power
of the peso. 36p.
1834 De Grauwe, Paul. The risk of deflation in the future EMU:
lessons of the 1990s. 22p.
1842 Demertzis, Maria, Hughes-Hallett, Andrew & Viegi, Nicola.
Independently blue?: accountability and independence in the
new European Central Bank. 69p.
1804 Dornbusch, Rudiger, Favaro, Carlo A. & Giavazzi, Francesco.
A red letter day?. 52p.
1818 Driffill, John, Meschi, Meloria & Ulph, Alistair. Product
market integration and wages: evidence from a cross-section
of mfgr. establishments in the U.K. 27p.
1853 Eckstein, Zvi & Weiss, Yoram. The absorption of
highly-skilled immigrants: Israel, 1990-95. 59p.
1809 Eichengreen, Barry & Ritschl, Albrecht. Winning the war,
losing the peace?: Britain's post-war recovery in a West
German mirror. 32p.
1849 Ellison, Martin & Scott, Andrew. Sticky prices and volatile
output: or when is a Phillips curve not a Phillips curve?.
25p.
1811 Epstein, Gil S. & Hillman, Arye L. Herd effects and
migration. 27p.
1815 Epstein, Gil S., Hillman, Arye L. & Ursprung, Heinrich W.
The king never emigrates: political culture and the
reluctant international movement of people. 28p.
1852 Faust, Jon & Svensson, Lars E.O. Transparency and
credibility: monetary policy with unobservable goals. 40p.
1812 Fehr, Ernst & Schmidt, Klaus M. A theory of fairness,
competition and cooperation. 41p.
1817 Foucault, Thierry. Order flow composition and trading costs
in dynamic limit order markets. 43p.
1813 Francois, Joseph F. & Nelson, Douglas. A geometry of
specialization. 38p.
1807 Grossbard-Schechtman, Shoshana & Neuman, Shoshana. The
extra burden of Moslem wives: clues from Israeli women's
labor supply. 36p.
1844 Gylfason, Thorvaldur. Privatization, efficiency and
economic growth. 27p.
1827 Hassler, John & Rodriguez Mora, Jose V. IQ, social mobility
and growth. 41p.
1824 Hautcouer, Pierre-Cyrille & Sicsic, Pierre. Threat of
capital levy, expected devaluation and interest rates in
inter-war France. 30p.
1843 Hughes-Hallett, Andrew & McAdam, Peter. Large scale fiscal
retrenchments: long-run lessons from the stability pact.
37p.
1805 Hunt, Jennifer. The transition in East Germany: when is a
ten point fall in the gender wage gap bad news?. 35p.
1826 Karanassou, Marika & Snower, Dennis J. How labour market
flexibility affects unemployment: long-term implications of
the chain reaction theory. 23p.
1798 Lau, Lawrence J., Qian, Yingyi & Roland, Gerard. Reform
without losers: an interpretation of China's dual-track
approach to transition. 39p.
1800 Levine, Paul & Pearlman, Joseph. Monetary union: the ins
and outs of stategic delegation. 47p.
1825 Lindbeck, Assar & Snower, Dennis J. The division of labour
within firms. 11p.
1822 Ludema, Rodney D. & Wooton, Ian. Economic geography and the
fiscal effects of regional integration. 34p.
1841 Martin, Philippe. Public policies, regional inequalities
and growth. 22p.
1829 Melitz, Jacques & Zumer, Frederic. Regional redistribution
and stabilization by the Centre in Canada, France, the
United Kingdom and the U.S... 34p.
1820 Miller, Marcus H. & Zhang, Lei. Sovereign liquidity crises:
the strategic case for a payments standstill. 30p.
1848 Olarreaga, Marcelo & Soloaga, Isidro. Endogenous tariff
formation: the case of MERCOSUR. 39p.
1802 Proudman, James & Redding, Stephen. Persistence and
mobility in international trade. 29p.
1837 Razin, Assaf, Sadka, Efraim & Yuen, Chi-Wa. Channeling
domestic savings into productive investment under asymmetric
information: role of for. investment... 23p.
1823 Soderlind, Paul. Extracting expectations about 1992 U.K.
monetary policy from option prices. 23p.
1821 Vinals, Jose. Monetary policy and inflation: from theory to
practice. 39p.
1808 Wigger, Berthold U. & von Weizsacker, Robert K. Risk,
resources and education. 18p.
UNIVERSITY OF ESSEX. Department of Economics.
476 Chambers, Marcus J. Gaussian estimation of temporarily
aggregated cointegrated systems. 35p.
477 Chambers, Marcus J. Temporal aggregation and the asymptotic
variance of optimal estimators in cointegrated systems.
29p.
475 Dhami, Sanjit S. Risk, moral hazard and the role of capital
taxes. 34p.
478 Graca, Job, Ho, Mun & Jafarey, Saqib. Credit market
imperfections, human capital and economic growth. 45p.
480 Hindriks, Jean. Mobility and redistribution reconsidered.
25p.
479 Lahiri, Sajal, Nasim, Anjum & Ghani, Jawaid. Commercial
policy in the presence of intermediate inputs and smuggling
with particular reference to Pakistan. 27p.
THE MAURICE FALK INSTITUTE FOR ECONOMIC RESEARCH IN ISRAEL.
9801 Friedberg, Rachel M. The impact of mass migration on the
Israeli labor market. 42p.
FEDERAL RESERVE BANK OF ATLANTA. Research Department.
98-2 Espinosa-Vega, Marco, Smith, Bruce D. & Yip, Chong K. On
government credit programs. 63p.
98-1 Espinosa-Vega, Marco & Russell, Steven. A public finance
analysis of multiple reserve requirements. 34p.
FEDERAL RESERVE BANK OF CHICAGO. Research Department.
9723 Segal, Lewis M. & Sullivan, Daniel G. Temporary services
employment durations: evidence from state unemployment
insurance data. 23p.
98-1 Veracierto, Marcelo. Plant level irreversible investment
and equilibrium business cycles. 54p.
FEDERAL RESERVE BANK OF MINNEAPOLIS. Research Department.
241 Aiyagari, S. Rao, Braun, R. Anton & Eckstein, Zvi.
Transaction services, inflation, and welfare. 42p.
245 Holmes, Thomas J. & Schmitz, James A. A gain from trade:
more research, less obstruction. 60p.
FEDERAL RESERVE BANK OF NEW YORK. Research & Market Analysis Group.
38 Bassett, William F., Fleming, Michael J. & Rodriguez,
Anthony P. How workers use 401(k) plans: the participation,
contribution, and withdrawal decisions. 44p.
FEDERAL RESERVE BANK OF PHILADELPHIA. Economic Research Division.
98-6 Chatterjee, Satyajit & Carlino, Gerald. Aggregate
employment growth and the deconcentration of metropolitan
employment. 39p.
98-5 Nakamura, Leonard I. The measurement of retail output and
the retail revolution. 32p.
98-7 Voith, Richard. Transportation investments in the
Philadelphia metropolitan area: who benefits? who pays? what
are consequences?. 35p.
98-8 Wright, Randall. A note on purifying mixed strategy
equilibria in the search-theoretic model of fiat money.
13p.
FEDERAL RESERVE BOARD. Finance & Economics Discussion Series.
9814 Burke, Jim. Divestiture as an antitrust remedy in bank
mergers. 23p.
9813 Schnure, Calvin. Who holds cash? And why?. 26p.
FEDERAL RESERVE BOARD. International Finance Papers.
606 Edison, Hali J., Luangaram, Pongsak & Miller, Marcus. Asset
bubbles, domino effects and `lifeboats': elements of the
East Asian crisis. 33p.
607 Edison, Hali J. & Marquez, Jaime. U.S. monetary policy and
econometric modeling: tales from the FOMC transcripts,
1984-1991. 25p.
605 Faust, Jon & Svensson, Lars E.O. Transparency and
credibility: monetary policy with unobservable goals. 41p.
604 Fernald, John, Edison, Hali & Loungani, Prakash. Was China
the first domino?: assessing links between China and the
rest of emerging Asia. 46p.
HARVARD UNIVERSITY. Institute of Economic Research.
1821 Cragg, Michael I. & Kahn, Matthew E. Migration's role in
regional adjustment: city level evidence of spatial
arbitrage. 30p.
1817 Ellison, Glenn & Fudenberg, Drew. Learning purified mixed
equilibria. 36p.
1820 Elmendorf, Douglas & Mankiw, N. Gregory. Government debt.
91p.
1818 Foote, Christopher L. Trend employment growth and the
bunching of job creation and destruction. 26p.
1819 Foote, Christopher, Whatley, Warren C. & Wright, Gavin.
Arbitraging a discriminatory labor market: black workers at
the Ford Motor Company, 1918-1947. 45p.
1816 Hart, Oliver & Moore, John. Cooperatives vs. outside
ownership. 52p.
HARVARD UNIVERSITY. Inst. for Econ Research-Econ Theory Papers.
6 Maskin, Eric S. Auctions and privatization. 32p.
16 Maskin, Eric S. Majority rule, social welfare functions,
and game forms. 16p.
HEBREW UNIV. Center for Rationality & Interactive Decision Theory.
164 Bergman, Yaacov Z. General restrictions on prices of
financial derivatives written on underlying diffusions.
39p.
166 Hart, Sergiu & Mas-Colell, Andreu. A simple adaptive
procedure leading to correlated equilibrium. 58p.
165 Wiener, Zvi & Winter, Eyal. Gradual Nash bargaining. 54p.
HITOTSUBASHI UNIVERSITY. Institute for Economic Research.
343 Suzumura, Kotaro. Consequences and procedural evaluations
in social welfare judgements. 18p.
341 Suzumura, Kotaro. Paretian welfare judgements and
Bergsonian social choice. 15p.
HOOVER INSTITUTION. Domestic Studies Program.
97-2 Moore, Thomas Gale. A reformulation of utility theory: or
it all comes from sex. 42p.
97-3 Palacios-Huerta, Ignacio. The pricing of human capital and
financial assets. 47p.
97-1 Reiss, Peter C. & Werner, Ingrid M. Interdealer trading:
evidence from London. 54p.
INSTITUT NATIONAL DE LA STATISTIQUE ET DES ETUDES ECONOMIQUES.
9757 Carassus, L., Pham, H. & Touzi, N. Arbitrage and
super-replication cost with convex constraints. 24p.
9754 Darolles, S. & Laurent, J.P. Approximating payoffs and
approximating pricing formulas. 26p.
9755 Hosken, D.S. & Margolis, D.N. The efficiency of collective
bargaining in public schools. 33p.
BANCA DE ITALIA. Research Department.
325 Cesari, Riccardo & Panetta, Fabio. Style, fees and
performance of Italian equity funds. 73p.
328 Del Giovane, Paolo & Pozzolo, Alberto Franco. The behaviour
of the dollar and exchange rates in Europe: empirical
evidence and possible explanations. 56p.
326 Reichlin, Pietro & Siconolfi, Paolo. Adverse selection of
investment projects and the business cycle. 51p.
327 Sorensen, Bent E. & Yosha, Oved. International risk sharing
and European monetary unification. 44p.
LONDON SCHOOL OF ECONOMICS. Financial Markets Group.
286 Burkart, Mike, Gromb, Denis & Panunzi, Fausto. Block premia
in transfers of corporate control. 36p.
283 Espenlaub, Susanne & Tonks, Ian. Post-IPO directors' sales
and reissuing activity: an empirical test of IPO signalling
models. 45p.
285 Espenlaub, Susanne, Gregory, Alan & Tonks, Ian. Testing the
robustness of long-term under-performance of U.K. initial
public offerings. 22p.
284 Schellekens, Philip. Caution and conservatism in monetary
policymaking. 42p.
MACQUARIE UNIVERSITY. Department of Economics.
21/97 Bryant, W.D.A. Saari's critique of Adam Smith's invisible
hand and the existence of market equilibrium. 29p.
25/97 Fisher, Lance, Joyeux, Roselyne & Worner, William E.
Interest rate linkages between the French, German and USA
interest rates: econometric evidence for... 34p.
UNIVERSITY OF MARYLAND. Center for International Economics.
39 Drazen, Allan. Political contagion in currency crises.
31p.
38 Kumhof, Michael. Balance of payments crises: the role of
short-term debt. 62p.
UNIVERSITY OF MARYLAND. Department of Economics.
9801 Betancourt, Roger R. & Gautschi, David A. Distribution
services and economic power in a channel. 37p.
9803 Binder, Michael, Pesaran, M. Hashem & Samiei, S. Hossein.
Analytical and numerical solution of finite-horizon
nonlinear rational expectations models. 34p.
9802 Hoff, Karla. Adverse selection and institutional
adaptation. 40p.
UNIVERSITY OF MELBOURNE. Department of Economics.
613 Atkinson, M.E. & Cornish, Roslyn. Participation profiles of
Australian women: longitudinal survey analysis. 34p.
612 Atkinson, M.E. & Cornish, Roslyn. Participation profiles of
Australian women: summary characteristics by occupation.
23p.
615 Bardsley, Peter & Olekalns, Nilss. Cigarette and tobacco
consumption: have anti-smoking policies made a difference?.
48p.
619 Creedy, John & Hurn, Stan. Distributional preferences and
the extended Gini measures of inequality. 23p.
616 Henry, Olan. Does the Australian dollar real exchange rate
really display mean reversion?. 25p.
620 Henry, Olan. The volatility of U.S. term structure term
premia, 1952-1991. 26p.
617 Henry, Olan & Sharma, John. Asymmetric conditional
volatility and firm size: evidence from Australian equity
portfolios. 23p.
618 Wilkins, Roger. Implicit labour contracts and firm-specific
human capital. 16p.
614 Wu, Ping X. Variance decomposition of stock returns and
dividend imputation system. 15p.
UNIVERSITY OF MINNESOTA. Economic Development Center.
98-3 Kawuryan, Anna Maria Siti. Educational achievement and
sectoral transition in the Indonesian labor force. 51p.
MONASH UNIVERSITY. Department of Econometrics & Bus. Statistics.
1/98 Martin, Gael M. U.S. deficit sustainability: a new approach
based on multiple endogenous breaks. 28p.
14/97 Oliver, Jonathan J. & Forbes, Catherine S. Bayesian
approaches to segmenting a simple time series. 20p.
2/98 Smith, Michael, et al. Estimating long-term trends in
tropospheric ozone levels. 37p.
13/97 Smith, Michael, Mathur, Sharat K. & Kohn, Robert. Bayesian
semiparametric regression: an exposition and application to
print advertising data. 42p.
UNIVERSITAT MUNCHEN. Volkswirtschaftliche Fakultat.
9718 Battermann, Harald L. & Broll, Udo. The use of derivatives
markets for hedging currency risks. 11p.
9713 Berger, Helge. Regulation in Germany: some stylized facts
about its time path, causes, and consequences. 41p.
9716 Berger, Helge & Thum, Marcel. Central bank vs. government:
strategic information policy and its consequences. 34p.
9707 Berger, Helge & Woitek, Ulrich. Economics or politics: what
drives the Bundesbank?. 29p.
9722 Blau, David M. & Riphahn, Regina T. Labor force transitions
of older married couples in Germany. 38p.
9715 Broll, Udo & Eckwert, Bernard. Exchange rate volatility and
international trade. 9p.
9714 Hillinger, Claude. The money metric utility frontier and
aggregate index numbers. 45p.
9710 Kaess, Michael. Union-firm bargaining with Nash and
proportional solution. 13p.
9720 Mansori, Kashif S. & Weichenrieder, Alfons J. Tax
competition and transfer pricing disputes. 21p.
9709 Million, Andreas. Parametric models for multivariate
counts. 17p.
9712 Riphahn, Regina T. & Bauer, Thomas K. Labor demand,
unemployment, and the cost of social insurance schemes in
Germany. 22p.
9717 Rotte, Ralph. Global warfare, economic loss, and the
outbreak of the Great War. 18p.
9711 Rotte, Ralph & Zimmermann, Klaus F. Fiscal restraint and
the political economy of EMU. 32p.
9721 Thimann, Christian & Thum, Marcel. Investing in "terra
incognita": waiting and learning. 25p.
9719 Weichenrieder, Alfons J. Foreign profits and domestic
investment. 14p.
9723 Winkelmann, Rainer & Zimmermann, Klaus F. Is job stability
declining in Germany?: evidence from count data models.
17p.
NATIONAL BUREAU OF ECONOMIC RESEARCH. Working Papers.
6399 Auerbach, Alan J., Burman, Leonard E. & Siegel, Jonathan M.
Capital gains taxation and tax avoidance: new evidence from
panel data. 53p.
6459 Baldwin, Richard E. Agglomeration and endogenous capital.
26p.
6458 Baldwin, Richard E., Martin, Philippe & Ottaviano, Gianmarco
I.P. Global income divergence, trade and industrialization:
the geography of growth take-offs. 45p.
6434 Becker, Connie, et al. Conditional market timing with
benchmark investors. 50p.
6397 Ben-David, Dan, Lumsdaine, Robin L. & Papell, David H. Unit
roots, postwar slowdowns and long-run growth: evidence from
two structural breaks. 24p.
6438 Bernard, Andrew B. & Jensen, J. Bradford. Understanding the
U.S. export boom. 31p.
6463 Borenstein, Severin & Bushnell, James. An empirical
analysis of the potential for market power in California's
electricity industry. 62p.
6423 Born, Patricia & Pacula, Rosalie L. Does spending on
medical services change as HMOs grow and mature?. 25p.
6427 Brown, Stephen J., Goetzmann, WIlliam N. & Park, James.
Hedge funds and the Asian currency crisis of 1997. 29p.
6412 Brown, Stephen J., Goetzmann, William N. & Grinblatt, Mark.
Positive portfolio factors. 16p.
6396 Buiter, Willem H. The young person's guide to neutrality,
price level indeterminacy, interest rate pegs, and fiscal
theories... 45p.
6420 Cabellero, Ricardo J. & Engel, Eduardo M.R.A. Nonlinear
aggregate investment dynamics: theory and evidence. 55p.
6386 Card, David & Krueger, Alan B. A reanalysis of the effect
of the New Jersey minimum wage increase on the fast food
industry w/ payroll data. 44p.
6449 Card, David, Robins, Philip K. & Lin, Winston. Would
financial incentives for leaving welfare lead some people to
stay on welfare longer?. 51p.
6407 Carroll, Marilyn E. Income alters the relative reinforcing
effects of drug and nondrug reinforcers. 32p.
6446 Cawley, John, Heckman, James & Vytlacil, Edward.
Meritocracy in America: wages within and across occupations.
52p.
6411 Chaloupka, Frank J., Grossman, Michael & Tauras, John A.
The demand for cocaine and marijuana by youth. 32p.
6394 Chevalier, Judith & Ellison, Glenn. Career concerns of
mutual fund managers. 41p.
6400 Christiano, Lawrence J., Eichenbaum, Martin & Evans, Charles
L. Monetary policy shocks: what have we learned and to what
end?. 91p.
6442 Clarida, Richard, Gali, Jordi & Gertler, Mark. Monetary
policy rules and macroeconomic stability: evidence and some
theory. 35p.
6419 Costa, Dora L. The unequal work day: a long-term view.
12p.
6440 DelRossi, Alison F. & Inman, Robert P. Changing the price
of pork: the impact of local cost sharing on legislator's
demands for distributive public goods. 40p.
6418 Donohue, John J., Heckman, James J. & Todd, Petra E. Social
action, private choice, and philanthropy: understanding the
sources of improvements in black schooling... 73p.
6422 Durlauf, Steven N. & Quah, Danny T. The new empirics of
economic growth. 111p.
6441 Edwards, Sebastian. Capital inflows into Latin America: a
stop-go story?. 67p.
6408 Eichengreen, Barry & Mody, Ashoka. What explains changing
spreads on emerging-market debt: fundamentals or market
sentiment?. 45p.
6389 Flavin, Marjorie & Yamashita, Takashi. Owner-occupied
housing and the composition of the household portfolio over
the life cycle. 42p.
6417 Frank, Richard G., Berndt, Ernst R. & Busch, Susan H. Price
indexes for the treatment of depression. 39p.
6398 Friedberg, Leora. Did unilateral divorce raise divorce
rates?: evidence from panel data. 32p.
6433 Gentry, William M. & Hubbard, R. Glenn. Fundamental tax
reform and corporate financial policy. 45p.
6435 Gentry, William M. & Penrod, John R. The tax benefits of
not-for-profit hospitals. 57p.
6461 Ghosh, Madanmohan, Perroni, Carlo & Whalley, John. The
value of MFN (most favored nation) treatment. 32p.
6454 Gibbons, Robert & Waldman, Michael. A theory of wage and
promotion dynamics in internal labor markets. 40p.
6413 Goetzmann, William N., Ingersoll, Jonathan & Ross, Stephen
A. High water marks. 28p.
6439 Goldin, Claudia & Katz, Lawrence F. Human capital and
social capital: the rise of secondary schooling in America,
1910 to 1940. 51p.
6395 Goolsbee, Austan. It's not about the money: why natural
experiments don't work on the rich. 34p.
6464 Goulder, Lawrence H., et al. The cost effectiveness of
alternative instruments for environmental protection in a
second-best setting. 48p.
6453 Greenstein, Shane. Universal service in the digital age:
the commercialization and geography of U.S. Internet access.
47p.
6403 Grossman, Herschel I. & Kim, Minseong. Human capital and
predation: a positive theory of educational policy. 25p.
6429 Hanson, Gordon H. Market potential, increasing returns, and
geographic concentration. 52p.
6421 Hart, Oliver & Moore, John. Cooperatives vs. outside
ownership. 52p.
6426 Heckman, James J., Lochner, Lance & Taber, Christopher.
General equilibrium treatment effects: a study of tuition
policy. 13p.
6416 Jovanovic, Boyan. Vintage capital and inequality. 31p.
6406 Kaestner, Robert. Does drug use cause poverty?. 29p.
6401 Kenkel, Don & Wang, Ping. Are alcoholics in bad jobs?.
44p.
6425 Kim, Sukkoo. The rise of multiunit firms in U.S.
manufacturing. 50p.
6404 Kirova, Milka S. & Lipsey, Robert E. Measuring real
investment: trends in the United States and international
comparisons. 28p.
6447 Kotlikoff, Laurence J. & Leibfritz, Willi. An international
comparison of generational accounts. 38p.
6430 Kotlikoff, Laurence J., Smetters, Kent A. & Walliser, Jan.
Opting out of social security and adverse selection. 54p.
6428 Kotlikoff, Laurence J., Smetters, Kent A. & Walliser, Jan.
Social security: privatization and progressivity. 18p.
6450 Krueger, Alan B. & Siskind, Aaron. Assessing bias in the
consumer price index from survey data. 21p.
6405 Lipsey, Robert E. International production in developed and
developing countries and in industry sectors. 43p.
6456 McCallum, Bennett T. Indeterminacy, bubbles, and the fiscal
theory of price level determination. 19p.
6387 Nevo, Aviv. Measuring market power in the ready-to-eat
cereal industry. 69p.
6437 Newell, Richard G., Jaffe, Adam B. & Stavins, Robert N. The
induced innovation hypothesis and energy-saving
technological change. 44p.
6431 Obstfeld, Maurice & Peri, Giovanni. Regional nonadjustment
and fiscal policy: lessons for EMU. 67p.
6415 Petry, Nancy M. & Bickel, Warren K. A behavioral economic
analysis of polydrug abuse in heroin addicts. 49p.
6424 Portes, Richard & Rey, Helene. The emergence of the Euro as
an international currency. 67p.
6445 Rotemberg, Julio J. Cyclical movements in wages and
consumption in a bargaining model of unemployment. 41p.
6432 Saffer, Henry & Chaloupka, Frank. Demographic differentials
in the demand for alcohol and illicit drugs. 25p.
6443 Sarbaum, Jeffrey K., Polachek, Solomon W. & Spear, Norman E.
The effects of price changes on alcohol consumption in
alcohol experienced rats. 39p.
6402 Silverman, Kenneth & Robles, Elias. Employment as a drug
abuse treatment intervention: a behavioral economic
analysis. 32p.
6391 Tyler, John H., Murnane, Richard J. & Willett, John B.
Estimating the impact of the GED on the earnings of young
dropouts using a series of natural experiments. 68p.
6410 Vuchinich, Rudy E. & Simpson, Cathy A. Delayed reward
discounting in alcohol abuse. 38p.
6409 Waldfogel, Joel. Reconciling asymmetric information and
divergent expectations of litigation. 29p.
6414 Zucker, Lynne G., Darby, Michael R. & Peng, Yusheng.
Fundamentals of population dynamics and the geographic
distribution of U.S. biotechnology enterprises, 1976-89.
65p.
NEW YORK UNIVERSITY. Salomon Center (Stern Sch. of Bus.)
9732 Ahn, Dong-Hyun, et al. Optimal risk management using
options. 20p.
9739 Altman, Edward I. & Suggitt, Heather J. Default rates in
the syndicated bank loan market: a mortality analysis. 29p.
98-1 Altman, Edward I. & Kishore, Vellore M. Defaults and
returns on high yield bonds: analysis through 1997. 32p.
98-2 Altman, Edward I. & Saxman, M. Christian. The investment
performance of defaulted bonds and bank loans: 1987-1997 and
market outlook. 27p.
9734 Backus, David, et al. Accounting for biases in
Black-Scholes. 40p.
9735 Backus, David, et al. Predictable changes in yields and
forward rates. 43p.
98-5 Balduzzi, Pierluigi, Elton, Edwin J. & Green, T. Clifton.
Economic news and the yield curve: evidence from the U.S.
Treasury market. 45p.
9727 Ballester, Marta, Livnat, Joshua & Seethamaraju,
Chandrakanth. Individual firm style loadings, unrecorded
economic assets and systematic risks. 33p.
9811 Banks, Jeffrey S. & Sundaram, Rangarajan K. Optimal
retention in agency problems. 28p.
9731 Boudoukh, Jacob, Richardson, Matthew & Whitelaw, Robert F.
The best of both worlds: a hybrid approach to calculating
value at risk. 11p.
98-7 Brown, Paul R., Calderon, Jeanne A. & Lev, Baruch.
Documented disputes involving auditor independence: a
preliminary report. 25p.
9819 Brown, Stephen J., et al. The Japanese open-end fund
puzzle. 45p.
9817 Brown, Stephen J., Goetzmann, William N. & Kumar, Alok. The
Dow theory: William Peter Hamilton's track record
reconsidered. 42p.
9818 Brown, Stephen J., Goetzmann, William N. & Ibbotson, Roger
G. Offshore hedge funds: survival and performance
1989-1995. 37p.
9740 Choey, Mark & Weigend, Andreas. Nonlinear trading models
through Sharpe Ratio maximization. 22p.
9812 Das, Sanjiv Ranjan & Sundraram, Rangarajan K. Of smiles and
smirks: a term structure perspective. 42p.
9733 Deyoung, Robert, Goldberg, Lawrence G. & White, Lawrence J.
Youth, adolescence, and maturity of banks: credit
availability to small business in an era of banking
consolidation. 34p.
9742 Elton, Edwin J., Gruber, Martin J. & Blake, Christopher R.
Common factors in mutual fund returns. 24p.
9814 Engle, Robert F. & Rosenberg, Joshua V. Testing the
volatility term structure using option hedging criteria.
28p.
98-8 Figlewski, Stephen. Derivatives risks, old and new. 53p.
98-9 Kim, Woojin & White, Lawrence J. The impact of mergers on
U.S. bank performance. 27p.
9736 LeBaron, Blake & Weigend, Andreas S. A bootstrap evaluation
of the effect of data splitting on financial time series.
8p.
9744 Lynch, Anthony & Balduzzi, Pierluigi. The impact of
predictability and transaction costs on portfolio choice in
a multiperiod setting. 36p.
9743 Lynch, Anthony W. & Musto, David K. Understanding fee
structures in the asset management business. 45p.
9728 Morrin, Maureen, et al. Distinguishing better from poorer
decision makers: a study of risk propensity in the face of
gains and losses. 30p.
9813 Pertoni, Kathy R., Ryan, Stephen G. & Wahlen, James M. The
risk- and value-relevance of revisions of accrual estimates:
evidence from property-casualty insurers' loss... 42p.
9816 Rosenberg, Joshua V. Pricing multivariate contingent claims
using estimated risk-neutral density functions. 21p.
9815 Rosenberg, Joshua V. & Engle, Robert F. Empirical pricing
kernels. 41p.
9726 Saunders, Anthony, Wilson, Berry & Caprio, Gerard. Mexico's
banking crisis: devaluation and asset concentration effects.
36p.
9741 Shi, Shanming & Weigend, Andreas S. Taking time seriously:
hidden Markov experts applied to financial engineering. 9p.
9810 Shull, Bernard & White, Lawrence J. Of firewalls and
subsidiaries: the right stuff for expanded bank activities.
44p.
98-6 Sobel, Matthew J. Discounting almost implies bank
neutrality. 23p.
9737 Timmer, Jens & Weigend, Andreas S. Modeling volatility
using state space models. 18p.
9738 Weigend, Andreas S. & Zimmermann, Hans G. Exploting local
relations as soft constraints to improve forecasting. 20p.
9730 Whitelaw, Robert F. Stock market risk and return: an
equilibrium approach. 40p.
9729 Whitelaw, Robert F. Time-varying Sharpe Ratios and market
timing. 26p.
98-3 Yao, Jian. Market making in the interbank foreign exchange
market. 70p.
98-4 Yao, Jian. Spread components and dealer profits in the
interbank foreign exchange market. 54p.
NEW YORK UNIVERSITY. Stern School of Business.
9806 Greene, William. Gender economics courses in liberal arts
colleges: comment. 9p.
9805 Greene, William. Marginal effects in the censored
regression model. 7p.
9807 White, Lawrence J. Microsoft and browsers: are the
antitrust problems really new?. 23p.
UNIVERSIDADE NOVA DE LISBOA. Faculdade de Economia.
301 Aboudi, Ronny, Barcia, Paulo & Monteiro, Rui Sousa.
Clustering with geographic continuity. 10p.
302 Baleiras, Rui Nuno. Electoral defeats and local political
expenditure cycles. 8p.
308 Barros, Pedro Pita & Garoupa, Nuno. An economic theory of
church location. 16p.
306 Barros, Pedro Pita. Public health expenditure and the
budget constraint. 19p.
315 Cunha-e-Sa, Maria & Ducla-Soares, Maria. Testing
rationality in contingent valuation. 11p.
316 de Pinho, Paulo Soares. An empirical analysis of the
determinants of provisions for loan losses in Portuguese
banks. 14p.
312 de Pinho, Paulo Soares. The impact of the single market
programme and the preparations for EMU in Portuguese
banking. 27p.
310 Ejarque, Joao. The correlation between consumption and
investment in a model of variable capital utilization wtih
shocks... 14p.
311 Herves-Beloso, Carlos & Moreno-Garcia, Emma. The veto
mechanism revisited. 16p.
314 Nunes, Luis C., Cunha-de-Sa, Maria & Ducla-Soares, Maria.
Testing for rationality: the case of discrete choice data.
9p.
307 Reis, Ana Balcao. On the welfare effects of foreign
investment. 35p.
PRINCETON UNIVERSITY. Industrial Relations Section.
397 Gronau, Reuben. A useful interpretation of R2 in binary
choice models (or, have we dismissed the good old R2
prematurely?). 12p.
399 Lee, David S. Wage inequality in the U.S. during the 1980s:
rising dispersion or falling minimum wage?. 72p.
398 Levy, Helen. Who pays for health insurance?: employee
contributions to health insurance premiums. 60p.
PRINCETON UNIVERSITY. International Finance Section-Essays.
206 Laubach, Thomas & Posen, Adam S. Disciplined discretion:
monetary targeting in Germany and Switzerland. 40p.
PURDUE UNIVERSITY. Inst. for Research in Behav, Econ & Mgmt Sci.
1110 Noussair, Charles, Matheny, Kenneth & Olson, Mark. An
experimental study of decisions in dynamic optimization
problems. 67p.
QUEEN'S UNIVERSITY. Institute for Economic Research.
968 Cuff, Katherine. Optimality of workfare with heterogeneous
preferences. 33p.
969 Usher, Dan. The colour of the judges eyes: efficiency as a
criterion for the legislature and for the courts. 50p.
970 Usher, Dan. The justification of private property. 39p.
UNIVERSITY OF VICTORIA (BC). Department of Economics.
9801 Giles, David E.A. The underground economy: minimizing the
size of government. 26p.
9802 Ryan, Kevin F. & Giles, David E.A. Testing for unit roots
in economic time series with missing observations. 42p.
UNIVERSITY OF VIENNA. Zentrum fur Int'l. & Interdis. Studien.
96/1 Stark, Oded. On the microeconomics of return migration.
13p.
UNIVERSITY OF VIRGINIA. Center for Studies in Political Economy.
309 Kreider, Brent. Efficient tax policy in the presence of
free riding on human capital investment and uncertain
returns. 31p.
WASHINGTON UNIVERSITY-ST. LOUIS. Department of Economics.
212 Felix, David. Asia and the crisis of financial
globalization. 57p.
UNIVERSITY OF WESTERN ONTARIO. Department of Economics.
9802 Bowlus, Audra J. & Eckstein, Zvi. Discrimination and skill
differences in an equilibrium search model. 40p.
9801 Bowlus, Audra J. & Seitz, Shannon N. The role of domestic
abuse in labor and marriage markets: observing the
unobservables. 38p.
9803 Sicular, Terry. Capital flight and foreign investment: two
tales from China and Russia. 20p.
YALE UNIVERSITY. Economic Growth Center.
782 Brown, Donald J. Three lectures on the Walrasian hypotheses
for exchange economies. 17p.
777 Evenson, Robert E. & Singh, Lakhwinder. Economic growth,
international technological spillovers and public policy:
theory and empirical evidence from Asia. 21p.
779 Foley, Mark C. Determinants of unemployment duration in
Russia. 38p.
780 Foley, Mark C. Labor market dynamics in Russia. 54p.
781 Foley, Mark C. Multiple job holding in Russia during
economic transition. 42p.
775 Lanjouw, Jean O. The introduction of pharmaceutical product
patents in India: "heartless exploitation of the poor and
suffering"?. 53p.
778 Schultz, T. Paul. Income inequality in Taiwan 1976-1995:
changing family composition, aging, and female labor force
participation. 56p.
776 Schultz, T. Paul & Mwabu, Germano. Labor unions and the
distribution of wages and employment in South Africa. 51p.
783 Srinivasan, T.N. As the century turns: analytics, empirics,
and politics of development. 72p.
ZAGREB INSTITUTE OF PUBLIC FINANCE. Occasional Papers.
4 Dalic, Martina. Price effects of value-added tax
introduction in Croatia. 20p.
COWLES FOUNDATION AT YALE UNIVERSITY. Reprint Series.
948 Blood, Deborah J. & Phillips, Peter C.B. Economic headline
news on the agenda: new approaches to understanding causes
and effects. 0p.
951 Nordhaus, William D. Reflections on the concept of
sustainable economic growth. 0p.
953 Phillips, Peter C.B. Impluse response and forecast error
variance asymptotics in nonstationary vector
autoregressions. 0p.
952 Shubik, Martin. Terrorism, technology, and the
socioeconomics of death. 0p.
950 Tobin, James. Comments by Professor James Tobin (on the
Experiment in Applied Econometrics). 0p.
954 Scarf, Herbert. Test sets for integer programs. 0p.
HITOTSUBASHI UNIVERSITY. Institute for Economic Research-Reprints.
172 Kuboniwa, Masaki. Economic growth in postwar Russia:
estimating GDP. 0p.
171 Kurata, Hiroshi & Kariya, Takeaki. Least upper bound for
the covariance matrix of a generalized least squares
estimator in regression... 0p.
173 Suzumura, Kotaro. Japan's industrial policy and accession
to the GATT: a teacher by positive or negative examples?.
0p.
170 Takayama, Noriyuki. Possible effects of ageing on the
equilibrium of the public pension system in Japan. 0p.