New Acquisitions - August, 1995


     UNIVERSITY OF ALBERTA.  Department of Economics.                   

     95-9   Landon, Stuart & Smith, Constance E.  Quality expectations, 
            reputation and price.  30p.                                 
     95-8   Young, Denise & Ryan, David L.  Empirical testing of a      
            risk-adjusted Hotelling model.  47p.                        

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

     9514   Baliga, Sandeep, Corchon, Luis & Sjostrom, Tomas.  The      
            theory of implementation when the planner is a player.  39p.
     9513   Herrero, Carmen.  Bargaining with claims in economic        
            environments.  28p.                                         
     9510   Llinares, Juan-Vincente.  Existence of maximal elements in a
            binary relation relaxing the convexity condition.  28p.     
     9515   Marhuenda, Francisco & Ortuno-Ortin, Ignacio.  Popular      
            support for progressive taxation.  11p.                     
     9511   Peris, Jose E. & Subiza, Begona.  Three kinds of utility    
            functions from the measure concept.  24p.                   
     9512   Villar, Antonio.  Classical equilibrium with increasing     
            returns.  40p.                                              

     ASOCIACION SUDEUROPA DE ECONOMICA TEORICA.  Econ. Disc. Papers.    

     105    Azariadis, Costas.  The problem of multiple equilibrium.    
            64p.                                                        
     106    Bauwens, L. & Lubrano, M.  Trends and breaking points of the
            Bayesian econometric literature.  35p.                      
     109    d'Aspremont, Claude, Cremer, Jacques & Gerard-Varet,        
            Louis-Andre.  Correlation, independence and Bayesian        
            implementation.  23p.                                       
     107    Moulin, Herve.  Cost sharing under increasing returns: a    
            comparison of simple mechanisms.  31p.                      
     108    Moulin, Herve.  Serial cost sharing of excludable public    
            goods.  37p.                                                

     BANCO DE ESPANA.  Servicio de Estudios.                            

     9523   Argimon, Isabel, Gonzalez-Paramo, Jose M. & Roldan Alegre,  
            Jose M.  Does public spending crowd out private investment?:
            evidence from a panel of 14 OECD countries.  25p.           

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

     295    Bolton, Gary E. & Katok, Elena.  An experimental test of the
            crowding out hypothesis: the nature of beneficient behavior.
             24p.                                                       
     296    Manove, Michael.  Entrepreneurs, optimism, and the          
            competitive edge.  25p.                                     
     300    Maschler, Michael.  Games of incomplete information: the    
            inconsistent case.  6p.                                     
     297    Petith, Howard C.  The Hound of the Baskervilles: natural   
            resources in Marx's explanation of the falling rate of      
            profit.  12p.                                               
     299    Vettas, Nicholas.  Entry, exit, and coordination with mixed 
            strategies.  30p.                                           

     BOSTON UNIVERSITY.  Institute for Economic Development.            

     52     Das Gupta, Arindam & Mookherjee, Dilip.  Reforming Indian   
            income tax enforcement.  41p.                               
     53     Das Gupta, Arindam & Mokherjee, Dilip.  Tax amnesties in    
            India: an empirical evaluation.  25p.                       
     57     Das Gupta, Arindam, Lahiri, Radhika & Mookherjee, Dilip.    
            Income tax compliance in India: an empirical analysis.  38p.
     59     Eaton, Jonathan & Fernandez, Raquel.  Sovereign debt.  59p. 
     60     Kabiraj, Tarun.  To protect or not to protect foreign owned 
            patents: a strategic decision.  23p.                        
     54     Rogoff, Kenneth.  What remains of purchasing power parity?. 
            32p.                                                        

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

     922    Alvarez, R. Michael.  The dynamics of issue emphasis:       
            campaign strategy and media coverage in statewide races.    
            25p.                                                        
     923    Border, Kim C. & Segal, Uzi.  Perferences over solutions to 
            the bargaining problem.  21p.                               
     920    Knez, Marc J. & Camerer, Colin F.  Outside options and      
            social comparison in three-player ultimatum game            
            experiments.  41p.                                          
     924    Ordeshook, Peter C.  Constitutions for new democracies:     
            reflections of turmoil or agents of stability?.  16p.       
     882    Ordeshook, Peter C. & Shvetsova, Olga.  Russia, federalism, 
            and political stability.  144p.                             
     862    Plott, Charles R.  Rational individual behaviour in markets 
            and social choice processes.  40p.                          

     UNIVERSITY OF CALIFORNIA-SAN DIEGO.  Department of Economics.      

     9513   Aparicio Acosta, F.M. & Granger, Clive W.J.                 
            Information-theoretic schemes for linearity testing under   
            long-range dependence and cointegration.  39p.              
     9512   Aparicio Acosta, F.M. & Granger, Clive W.J.  A linearity    
            test for near-unit root time series.  52p.                  
     9515   Aparicio Acosta, F.M & Granger, Clive W.J.  Nonlinear       
            cointegration and some new tests for comovements.  52p.     
     9514   Aparicio Acosta, F.M. & Granger, Clive W.J.  A tutorial on  
            linearity testing under long range dependence and           
            cointegration.  66p.                                        
     9526   Battigalli, Pierpaolo & Watson, Joel.  On "reputation"      
            refinements with heterogeneous beliefs.  12p.               
     9507   Betts, Julian R.  What do students know about wages?:       
            evidence from a survey of undergraduates.  42p.             
     9503   Betts, Julian R.  Which types of public school spending are 
            most effective?: new evidence on the school quality debate. 
            34p.                                                        
     9502   Carson, Richard T., et al.  Contingent valuation and lost   
            passive use: damages from the Exxon Valdez.  37p.           
     9505   Carson, Richard T.  Contingent valuation surveys and test of
            insensitivity to scope.  44p.                               
     9521   Carson, Richard, Flores, Nicholas E. & Hanemann, W. Michael.
             On the creation and destruction of public goods: the matter
            of sequencing.  25p.                                        
     9501   Carson, Richard T., Flores, Nicholas E. & Mitchell, Robert  
            C.  The theory and measurement of passive use value.  50p.  
     9504   Carson, Richard T.  Valuation of tropical rainforests:      
            philosophical and practical issues in the use of contingent 
            valuation.  33p.                                            
     9524   Den Haan, Wouter J..  The comovements between real activity 
            and prices at different business cycle frequencies.  26p.   
     9517   Den Haan, Wouter J. & Spear, Scott A.  Volatility clustering
            in real interest rates: theory and evidence.  45p.          
     9518   Elliott, Graham.  On the robustness of cointegration methods
            when regressors almost have unit roots.  41p.               
     9525   Engle, Robert F. & Rosenberg, Joshua V.  GARCH gamma.  25p. 
     9510   Evans, George W. & Ramey, Garey.  Calculation, adaptation   
            and rational expectations.  38p.                            
     9520   Flores, Nicholas E.  The effects of rationing and virtual   
            price elasticities.  26p.                                   
     9527   Granger, Clive W.J.  Can we improve the perceived quality of
            economic forecasts?.  27p.                                  
     9511   Granger, Clive W.J. & Swanson, Norman.  Further developments
            in the study of cointegrated variables.  21p.               
     9509   Hamilton, James D.  The daily market for federal funds.     
            47p.                                                        
     9522   Hamilton, James D. & Perez-Quiros, Gabriel.  What do the    
            leading indicators lead?.  40p.                             
     9506   Miles, David & Timmermann, Allan.  Variation in expected    
            stock returns: evidence on the pricing of equities from a   
            cross section of U.K. companies.  28p.                      
     9508   Odgers, Cameron & Betts, Julian R.  Do unions reduce        
            investment?.  23p.                                          
     9519   Pesaran, M. Hashem & Timmermann, Allan.  Predictability of  
            stock returns: robustness and economic significance.  42p.  
     9528   Robles, Jack.  Evolution with changing mutation rates.  38p.
     9516   Satchell, Steve & Timmermann, Allan.  An assessment of the  
            economic value of nonlinear foreign exchange rate forecasts.
             27p.                                                       
     9523   Timmermann, Allan.  Volatility clustering and mean reversion
            of stock reutrns in an asset pricing model with incomplete  
            learning.  43p.                                             

     UNIVERSITY OF CALIFORNIA-SANTA BARBARA.  Department of Economics.  

     7/95   Comanor, William S. & Phillips, Llad.  The impact of income 
            and family structure on deliquency.  19p.                   
     8/95   Deacon, Robert T.  Nonrenewable resources and the           
            environment.  29p.                                          
     6/95   Xing, Yuqing & Kolsted, Charles D.  Do lax environmental    
            regulations attract foreign investment?.  36p.              

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

     9506   Aitken, Brian, Hanson, Gordon H. & Harrison, Ann E.         
            Spillovers, foreign investment, and export behavior.  40p.  
     9507   Amir, Eli & Lev, Baruch.  Value-relevance of nonfinancial   
            information: the wireless communications industry.  42p.    
     9502   Backus, David K., Foresi, Silverio & Zin, Stanley E.        
            Arbitrage opportunities in arbitrage free models of bond    
            pricing.  36p.                                              
     9501   Backus, David K., Foresi, Silverio & Telmer, Chris I.  The  
            forward premium anomaly: three examples in search of a      
            solution.  28p.                                             
     9503   Browne, Sid & Whitt, Ward.  Portfolio choice and the        
            Bayesian Kelly criterion.  31p.                             
     9505   Chemmanur, Thomas J. & Fulghieri, Paolo.  Why include       
            warrants in new equity issues?: a theory of unit IPO's.     
            47p.                                                        
     9504   Danthine, Jean-Pierre & Donaldson, John B.  Asset pricing   
            implications of real market frictions.  52p.                

     UNIVERSITY OF COPENHAGEN.  Institute of Economics.                 

     9512   Albaek, Karsten & Sorensen, Bent E.  Worker flows and job   
            flows in Danish manufacturing, 1980-91.  46p.               
     9513   Staehr, Karsten.  Indexation, contract length, and the cost 
            of disinflation in economies with extreme inflation.  22p.  

     (ENGLAND) CENTRE FOR ECONOMIC POLICY RESEARCH.                     

     1202   Abbring, Jaap H., van den Berg, Gerard J. & van Ours, Jan C.
             The anatomy of unemployment dynamics.  45p.                
     1211   Brennan, Michael J. & Franks, Julian.  Underpricing,        
            ownership and control in initial public offerings of equity 
            securities in the U.K.  38p.                                
     1201   Buiter, Willem H., Corsetti, Giancarlo & Pesenti, Paolo A.  
            A centre-periphery model of monetary coordination and       
            exchange rate crises.  42p.                                 
     1200   Carling, Kenneth, et al.  Unemployment duration,            
            unemployment benefits, and labour market programmes in      
            Sweden.  30p.                                               
     1204   Casella, Alessandra.  Free trade and evolving standards.    
            51p.                                                        
     1213   De Grauwe, Paul.  The economics of convergence towards      
            monetary union in Europe.  23p.                             
     1189   Demertzis, Maria & Hughes Hallett, Andrew.  On measuring the
            costs of labour immobility and market heterogeneity in      
            Europe.  31p.                                               
     1217   Eichengreen, Barry & Ghironi, Fabio.  European monetary     
            unification: the challenges ahead.  44p.                    
     1210   Flandreau, Marc.  An essay on the emergence of the          
            international gold standard, 1870-80.  50p.                 
     1214   Francois, Joseph & Martin, Will.  Multilateral trade rules  
            and the expected cost of protection.  31p.                  
     1206   Gali, Jordi.  Real business cycles with involuntary         
            unemployment.  35p.                                         
     1219   Gerlach, Stefan & Smets, Frank.  The monetary transmission  
            mechanism: evidence from the G-7 countries.  44p.           
     1218   Gorreia, Isabel H.  Efficiency and equity: is there a       
            trade-off?.  23p.                                           
     1193   Haskel, Jonathan & Powell, Andrew.  Cartels, contracts and  
            centralization: the transition to futures trading for       
            primary commodities.  24p.                                  
     1192   Haskel, Jonathan & Sanchia, Amparo.  Privatization and      
            X-inefficiency: a bargaining approach.  19p.                
     1194   Haskel, Jonathan & Scaramozzino, Pasquale.  Do other firms  
            matter in oligopolies?.  21p.                               
     1190   Hughes Hallett, Andrew J. & Ma, Yue.  Economic cooperation  
            within Europe: lessons from the monetary arrangements in the
            1990s.  60p.                                                
     1196   Jehiel, Philippe & Moldovanu, Benny.  Resale markets and the
            assignment of property rights.  31p.                        
     1199   Leahy, Dermot & Neary, J. Peter.  International R & D       
            rivalry and industrial strategy without government          
            commitment.  24p.                                           
     1203   Mata, Jose, Portugal, Pedro & Guimaraes, Paulo.  The        
            survival of new plants: start-up conditions and post-entry  
            evolution.  28p.                                            
     1212   Ravn, Morten O. & Sorensen, Jan R.  Minimum wages: curse of 
            blessing?.  26p.                                            
     1207   Rodrik, Dani.  Why is there multilateral lending?.  49p.    
     1205   Saint-Paul, Gilles.  A framework for analyzing the political
            support for active labour market policy.  19p.              
     1208   Stultz, Rene M. & Wasserfallen, Walter.  Foreign equity     
            investment restrictions, capital flight, and shareholder    
            wealth maximization.  53p.                                  

     THE MAURICE FALK INSTITUTE FOR ECONOMIC RESEARCH IN ISRAEL.        

     9502   Friedberg, Rachel M.  You can't take it with you?: immigrant
            assimilation and the portability of human capital: evidence 
            from Israel.  42p.                                          

     FEDERAL RESERVE BANK OF ATLANTA.  Research Department.             

     95-3   Chang, Roberto.  Political party negotiations, income       
            distribution and endogenous growth.  39p.                   
     95-4   Noe, Thomas H. & Ramamurtie, Sailesh.  Information quality, 
            performance measurement, and security demand in rational    
            expectations economics.  28p.                               

     FEDERAL RESERVE BANK OF DALLAS.  Research Department.              

     9336   Cox, W. Michael, Gould, David M. & Ruffin, Roy J.  Income   
            taxes as reciprocal tariffs.  14p.                          
     9504   Phillips, Keith R. & Chang, Chih-Ping.  Building a regional 
            forecasting model utilizing long-term relationships and     
            short-term indicators.  22p.                                

     FEDERAL RESERVE BANK OF DALLAS.  Financial Industry Studies.       

     1/95   Gunther, Jeffery W. & Siems, Thomas F.  The likelihood and  
            extent of bank participation in derivatives activities.     
            15p.                                                        

     FEDERAL RESERVE BANK OF KANSAS CITY.  Research Division.           

     9505   Hess, Gregory D. & Morris, Charles S.  Money is what money  
            predicts: the M* model of the price level.  32p.            

     FEDERAL RESERVE BANK OF MINNEAPOLIS.  Research Department.         

     194    Chin, Dan & Miller, Preston J.  Fixed vs. floating exchange 
            rates: a dynamic general equilibrium analysis.  43p.        
     193    Miller, Preston J.  The jointly optimal inflation tax,      
            income tax structure, and transfers.  34p.                  

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

     3      Osler, C.L.  Short-term speculators and the origins of near 
            random walk exchange rate behavior.  66p.                   

     FEDERAL RESERVE BOARD.  Finance & Economics Discussion Series.     

     9533   Aizcorbe, Ana M. & Kozicki, Sharon.  The comovement of      
            output and labor productivity in aggregate data for auto    
            assembly plants.  32p.                                      
     9532   Cohen, Darrel, Hassett, Kevin & Kennedy, Jim.  Are U.S.     
            investment and capital stocks at optimal levels?.  23p.     
     9534   Mariger, Randall P.  Labor supply and the Tax Reform Act of 
            1986: evidence from panel data.  19p.                       
     9531   Mariger, Randall P.  Taxes, capital gains realizations, and 
            revenues: a critical review and some new results.  33p.     
     9529   Swamy, P.A.V.B, et al.  Determinants of U.S. commercial bank
            performance: regulatory and econometric issues.  47p.       
     9530   Williams, John C.  The limits to "growing an economy".  42p.

     FEDERAL RESERVE BOARD.  International Finance Papers.              

     513    Brunner, Allan D. & Kamin, Steven B.  Bank lending and      
            economic activity in Japan: did "financial factors"         
            contribute to the recent downturn?.  42p.                   
     516    Faust, Jon & Tryon, Ralph.  Block distributed methods for   
            solving multi-country econometric models.  17p.             
     515    Loungani, Prakash & Swagel, Phillip.  Supply-side sources of
            inflation: evidence from OECD countries.  40p.              
     514    Sheets, Nathan.  Capital flight from the countries in       
            transition: some theory and empirical evicence.  46p.       

     UNIVERSITE DE GENEVE.  Faculte des Sci. Economiques et Sociales.   

     9504   Balasko, Yves.  Equilibrium analysis of the infinite horizon
            model with smooth discounted utility functions.  67p.       
     9501   Balasko, Yves & Cres, Herve.  The probability of Condorcet  
            cycles and super majority rules.  29p.                      

     HARVARD UNIVERSITY.  Institute of Economic Research.               

     1721   Barberis, Nicholas, et al.  How does privatization work?:   
            evidence from the Russian shops.  37p.                      
     1723   Lopez De Silanes, Florencio, Shleifer, Andrei & Vishny,     
            Robert W.  Privatization in the United States.  37p.        
     1724   Sachs, Jeffrey, Tornell, Aaron & Velasco, Andres.  The      
            collapse of the Mexican peso: what have we learned?.  55p.  
     1725   Shleifer, Andrei & Vishny, Robert W.  The limits of         
            arbitrage.  25p.                                            
     1722   Weitzman, Martin L.  Recombinant growth.  29p.              

     HITOTSUBASHI UNIVERSITY.  Institute for Economic Research.         

     310    Belderbos, Rene, Jie a Joen, Clive & Sleuwaegen, Leo.       
            Cascading contingent protection and vertical market         
            structure.  26p.                                            
     311    Xue, Jinjun.  Human resource development and economic       
            growth.  38p.                                               
     309    Kamizono, Kenji & Kariya, Takeaki.  An implementation of the
            HJM model with application to Japanese interest futures.    
            29p.                                                        

     UNIVERSITY OF IOWA.  Department of Economics.                      

     9510   Horowitz, Joel L.  Bootstrap methods in econometrics: theory
            and numerical performance.  54p.                            

     UNIVERSITY OF KANSAS.  Department of Economics.                    

     95-4   Shin, Kwanho.  Sectoral shocks and movement costs: effects  
            on employment and welfare.  35p.                            

     LA TROBE UNIVERSITY.  Department of Economics.                     

     9501   Clarke, Harry.  Forward planning and stability of the       
            Australian migration program.  39p.                         
     9504   Clarke, Harry.  International labour-cum-capital migrations:
            theory, welfare implications and evidence.  27p.            
     9502   Clarke, Harry.  Stubbornly persistent factor migrations with
            rapid international economic convergence.  17p.             
     9503   Clarke, Harry & Ng, Yew-Kwang.  Non-traded goods and the    
            welfare gains from tourism: comment.  6p.                   

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

     9504   Danthine, Jean-Pierre & Donaldson, John B.  Asset pricing   
            implications of real market frictions.  52p.                
     9506   Hechler, Nannette.  Estimating the benefits of a common     
            European fiscal policy.  30p.                               
     9507   Irmen, Andreas.  Note on duopolistic vertical restraints.   
            14p.                                                        
     9509   Neven, Damien & Seabright, Paul.  European industrial       
            policy: the Airbus case.  60p.                              
     9508   Neven, Damien & Siotis, George.  Technology sourcing and    
            foreign direct investment in the EC: an empirical           
            evaluation.  21p.                                           

     UNIVERSITY COLLEGE LONDON.  Department of Economics.               

     9508   Coady, David.  Structural adjustment and the environmental  
            and natural resource base: a synthesis.  50p.               
     9507   Scaramozzino, Pasquale & Vulkan, Nir.  Uncertainty and      
            endogenous selection of macroeconomic equilibria.  22p.     
     9509   Pezzey, John & Withagen, Cees.  Single-peakedness and       
            initial sustainability in capital-resource economies.  28p. 

     UNIVERSITY OF MELBOURNE.  Department of Economics.                 

     464    Atkinson, Margaret E. & Creedy, John.  Modelling optimal    
            retirement decisions in Australia.  28p.                    
     465    Olekalns, Nilss.  Some further evidence on the long run     
            neutrality of money.  13p.                                  
     466    Ritzmann, Derek P.H.  Productivity in Australian banking:   
            two alternative approaches.  31p.                           

     MICHIGAN STATE UNIVERSITY.  Department of Economics.               

     9406   Baier, Scott L.  Monetary innovations, real effects, and the
            European Monetary System.  33p.                             

     NATIONAL BUREAU OF ECONOMIC RESEARCH.  Working Papers.             

     5180   Archer, Wayne, Ling, David C. & McGill, Gary A.  The effect 
            of income and collateral constraints on residential mortgage
            terminations.  39p.                                         
     5168   Bagwell, Kyle & Staiger, Robert W.  Protection and the      
            business cycle.  43p.                                       
     5151   Barro, Robert J. & Sala-i-Martin, Xavier.  Technological    
            diffusion, convergence, and growth.  43p.                   
     5175   Baxter, Marianne, Jermann, Urban J. & King, Robert G.       
            Nontraded goods, nontraded factors, and international       
            non-diversification.  26p.                                  
     5145   Bernanke, Ben S. & Mihov, Ilian.  Measuring monetary policy.
             64p.                                                       
     5177   Blackley, Dixie M. & Follain, James R.  In search of        
            empirical evidence that links rent and user cost.  35p.     
     5174   Bloom, David E. & Noor, Wassem.  Is an integrated regional  
            labor market emerging in East and Southeast Asia?.  34p.    
     5159   Bound, John, Schoenbaum, Michael & Waidmann, Timothy.  Race 
            and education differences in disability status and labor    
            force attachment.  64p.                                     
     5173   Bryan, Michael F. & Cecchetti, Stephen G.  The seasonality  
            of consumer prices.  22p.                                   
     5179   Capozza, Dennis R. & Seguin, Paul J.  Expectations,         
            efficiency, and euphoria in the housing market.  29p.       
     5161   Cecchetti, Stephen G.  Inflation indicators and inflation   
            policy.  33p.                                               
     5181   Chan, Swein.  Residential mobility and mortgages.  39p.     
     5154   Cochrane, John H.  Identifying the output effects of        
            monetary policy.  22p.                                      
     5163   Cutler, David M. & Glaeser, Edward L.  Are ghettos good or  
            bad?.  68p.                                                 
     5169   Daly, Mary C. & Bound, John.  Worker adaptation and employer
            accomodation following the onset of a health impairment.    
            37p.                                                        
     5162   Eberts, Randall W. & Montgomery, Edward.  Cyclical versus   
            secular movements in employment creation and destruction.   
            43p.                                                        
     5150   Ehrenberg, Ronald G., Pieper, Paul J. & Willis, Rachel A.   
            Would reducing tenure probabilities increase faculty        
            salaries?.  30p.                                            
     5158   Eissa, Nada & Liebman, Jeffrey B.  Labor supply response to 
            the earned income tax credit.  57p.                         
     5155   Feldstein, Martin & Feenberg, Daniel.  The taxation of two  
            earner families.  55p.                                      
     5156   Frankel, Jeffrey A. & Okungwu, Chudozie.  Liberalized       
            portfolio capital inflows in emerging markets:              
            sterilization, expectations, and the incompleteness of i.   
            45p.                                                        
     5176   Green, Richard K.  Should the stagnant homeownership rate be
            a source of concern?.  55p.                                 
     5178   Grenandier, Steven R. & Hall, Brian J.  Risk-based capital  
            standards and the riskiness of bank portfolios: credit and  
            factor risks.  40p.                                         
     5149   Hoynes, Hilary W.  Does welfare play any role in female     
            headship decisions?.  49p.                                  
     5170   Irwin, Douglas A.  Industry or class cleavages over trade   
            policy?: evidence from the British general election of 1923.
             33p.                                                       
     5164   Kane, Thomas J.  Rising public college tuition and college  
            entry: how well do public subsidies promote access to       
            college?.  43p.                                             
     5166   Kang, Jun-Koo & Stulz, Rene M.  Why is there a home bias?:  
            an analysis of foreign portfolio equity ownership in Japan. 
            43p.                                                        
     5165   Lang, Larry, Ofek, Eli & Stulz, Rene M.  Leverage,          
            investment, and firm growth.  35p.                          
     5157   Magat, Wesley A. & Moore, Michael J.  Consumer product      
            safety regulation in the United States and the United       
            Kingdom: the case of bicycles.  35p.                        
     5153   Moore, Michael J.  Death and tobacco taxes.  22p.           
     5152   Moore, Michael J. & Cook, Philip J.  Habit and heterogeneity
            in the youthful demand for alcohol.  40p.                   
     5160   Rodrik, Dani.  Why is there multilateral lending?.  49p.    
     5171   Samwick, Andrew A.  Tax shelters and passive losses after   
            the Tax Reform Act of 1986.  48p.                           
     5172   Wang, Jiang.  The term structure of interest rates in a pure
            exchange economy with heterogeneous investors.  40p.        

     UNIVERSITY OF NEW SOUTH WALES.  School of Economics.               

     9516   Ablett, John.  Intergenerational accounting and saving in   
            Australia.  30p.                                            
     9518   Alaouze, Chris.  A short run economic analysis of the       
            eutrophication problem of the Barwon and Darling Rivers in  
            New South Wales.  40p.                                      
     9517   Bateman, Hazel.  Risk management issues for mandatory       
            private retirement provision: roles for options.  43p.      
     9527   Conlon, Robert & Perkins, John.  The state and the motor    
            vehicle industry in interwar Australia.  24p.               
     9519   Fox, Kevin & Grafton, R. Quentin.  Non-parametric estimation
            of returns to scale.  34p.                                  
     9520   Gans, Joshua S.  Comparative statics made simple: an        
            introduction to recent advances.  18p.                      
     9525   Gans, Joshua.  Inside the black box: a look at the          
            container.  22p.                                            
     9522   Kakwani, Nanak.  Economic growth, poverty, and government   
            income support programmes with application to Australia.    
            48p.                                                        
     9515   Monadjemi, Mehdi.  Stock market integration: some           
            international evidence.  23p.                               
     9523   Otto, Glen.  Terms of trade shocks and the Australian       
            economy.  33p.                                              
     9529   Stonecash, Robin.  Imperfectly competitive general          
            equilibria and the choice of price normalization.  8p.      
     9526   Wan, Alan.  The exact density and distribution functions of 
            the inequality constrained and pre-test estimators.  18p.   
     9521   Wan, Alan T.K. & Griffiths, William E.  Bayesian estimation 
            of the linear regression model with an uncertainty interval 
            constraint on coefficients.  11p.                           
     9524   Yang, Minxian.  Economic growth and risk in R & D.  25p.    

     NEW YORK UNIVERSITY.  Center for Applied Economics.                

     9515   Bernanke, Ben & Gertler, Mark.  Inside the black box: the   
            credit channel of monetary policy transmission.  45p.       
     9510   Brams, Steven J., Kilgour, D. Marc & Zwicker, William S.    
            How should voting on related propositions be conducted?.    
            34p.                                                        
     9511   Brams, Steven J.  Modelling free choice in games.  30p.     
     9514   Campa, Jose & Goldberg, Linda.  Investment, pass-through and
            exchange rates: a cross-country comparison.  40p.           
     9513   Froot, Kenneth A., Kim, Michael & Rogoff, Kenneth.  The law 
            of one price over 700 years.  72p.                          
     9512   Gali, Jordi.  Real business cycles with involuntary         
            unemployment.  35p.                                         

     NEW YORK UNIVERSITY.  Salomon Brothers Center (Financial Inst).    

     9510   Berger, Allen N. & Udell, Gregory F.  Universal banking and 
            the future of small business lending.  62p.                 
     9517   Chidambaran, N.K., Pugel, Thomas A. & Saunders, Anthony.    
            Performance of the U.S. property-casualty insurance         
            industry.  26p.                                             
     9515   Elton, Edwin J., Gruber, Martin J. & Blake, Christopher R.  
            Fundamental variables, APT, and bond fund performance.  36p.
     9513   Elton, Edwin J., Gruber, Martin J. & Blake, Christopher R.  
            The persistence of risk-adjusted mutual fund performance.   
            37p.                                                        
     9514   Elton, Edwin J., Gruber, Martin J. & Blake, Christopher R.  
            Survivorship bias and mutual fund performance.  37p.        
     9511   Evans, Martin D.D.  Peso problems: their theoretical and    
            empirical implications.  77p.                               
     9519   Giddy, Ian, Saunders, Anthony & Walter, Ingo.  European     
            financial market integration: clearance and settlement      
            issues.  55p.                                               
     9520   Saita, Francesco.  Payment process costs, innovation, and   
            the role of banks as payment intermediaries.  23p.          
     9516   Skinner, Frank S.  Alternate hedge for bonds subject to     
            credit risk.  27p.                                          
     9512   Walter, Ingo.  Global competition and market access in the  
            securities industry.  105p.                                 
     9518   White, Lawrence J.  The NAIC model investment law: a missed 
            opportunity.  15p.                                          

     UNIVERSITY OF PENNSYLVANIA.  Center for Analytic Research in Econ. 

     9510   Besley, Timothy & Coate, Stephen.  Efficient policy choice  
            in a representative democracy: a dynamic analysis.  36p.    
     9512   Gottardi, Piero & Kajii, Atsushi.  Generic existence of     
            sunspot equilibria: the real asset case.  25p.              
     9511   Kajii, Atsushi.  The sequential regularity of competitive   
            equilibria and sunspots.  14p.                              
     9509   Manning, Richard & Manning, Julian.  Budget-constrained     
            search.  19p.                                               
     9513   Morris, Stephen.  Speculative investor behavior and         
            learning.  28p.                                             
     9508   Sandroni, Alvaro.  Necessary and sufficient conditions for  
            convergence to Nash equilibrium: the almost absolute        
            continuity hypothesis.  27p.                                

     UNIVERSITAT POMPEU FABRA.  Economics Working Papers.               

     116    Barro, Robert J. & Sala-i-Martin, Xavier.  Technological    
            diffusion, convergence, and growth.  43p.                   
     113    Canova, Fabio.  Does detrending matter for the determination
            of the reference cycle and the selection of turning points?.
             35p.                                                       
     115    Garcia-Mila, Teresa, Marcet, Albert & Ventura, Eva.  Supply 
            side interventions and redistribution.  43p.                
     114    Hart, Sergiu & Mas-Colell, Andreu.  Bargaining and value.   
            46p.                                                        
     118    Maliar, Serguei & Perepelitsa, Vitali.  Linear convolution  
            algorithms solvability of the chain covering problem.  11p. 
     119    Maliar, Serguei, Kozin, Igor & Perepelitsa, Vitali.  Solving
            capability of linear convolution algorithms.  11p.          
     112    Mulligan, Casey B. & Sala-i-Martin, Xavier.  Measuring      
            aggregate human capital.  53p.                              
     117    Sala-i-Martin, Xavier.  The classical approach to           
            convergence analysis.  37p.                                 

     UNIVERSIDADE CATOLICA PORTUGUESA.  Departamento de Economia.       

     59     Barros, Fatima.  Portugese banking sector: a mixed          
            oligopoly?.  17p.                                           
     65     Braga, Teresa L.  Increasing returns to scale and endogenous
            fluctuations.  34p.                                         
     61     Guedes, Jose & Opler, Tim.  The determinants of the maturity
            of new corporate debt issues.  42p.                         
     62     Guedes, Jose & Parayre, Roch.  Managerial reputation and    
            divisional sell-offs: a model and emprical test.  24p.      
     63     Machado, Fernando S.  Cointegration and the induced         
            innovation hypothesis.  21p.                                
     60     Martins, Ana P.  Simple and cumulative dummies, and ordinal 
            variables in regression analysis.  24p.                     

     PRINCETON UNIVERSITY.  Industrial Relations Section.               

     345    Cameron, Lisa.  Raising the stakes in the ultimatum game:   
            experimental evidence from Indonesia.  30p.                 

     PRINCETON UNIVERSITY.  International Finance Section-Studies.      

     78     Gylfason, Thorvaldur.  The macroeconomics of European       
            agriculture.  51p.                                          

     UNIV. DU QUEBEC.  Centre de Rech. sur l'Emploi et les Fluc. Econ.  

     36     Fortin, Pierre, Keil, Manfred & Symons, James.  The sources 
            of unemployment in Canada, 1967-1991: evidence from a panel 
            of regions and demographic groups.  27p.                    
     38     Zimmermann, Christian.  International real business cycles  
            among heterogeneous countries.  38p.                        
     37     Zimmermann, Christian.  International trade over the        
            business cycle: stylized facts and remaining puzzles.  32p. 

     UNIVERSITE DU QUEBEC A MONTREAL.  Dept. des Sciences Economiques.  

     9507   Fluet, Claude.  Health insurance and the welfare economics  
            of organ transplants.  27p.                                 

     UNIVERSITA DI ROMA.  Centro Interdipartimentale di Economia Int'l. 

     32     Graham, Edward M.  The (not wholly satisfactory) state of   
            the theory of foreign direct investment and the             
            multinational enterprise.  63p.                             
     31     Leamer, Edward E. & Levinsohn, James.  International trade  
            theory: the evidence.  77p.                                 
     28     Padoan, Pier Carlo.  Widening and deepening in Europe: the  
            logic of multiple clubs in an evolutionary perspective.     
            22p.                                                        
     30     Stein, Jerome L. & Sauerheimer, Karlhans.  The real exchange
            rates of Germany.  66p.                                     
     33     Steinherr, Alfred.  Lessons from German unification.  52p.  
     29     Tobin, James.  A currency transaction tax, why and how?.    
            17p.                                                        

     UNIVERSITY OF SASKATCHEWAN.  Department of Economics.              

     95-8   DeSalvo, Joseph S. & Huq, Mobinul.  Price variability and   
            the curvature of the consumer's budget line.  12p.          
     95-9   Huq, Mobinul & Wilson, Mark.  Reconciling estimates of the  
            income elasticity of demand for medical care.  22p.         

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

     9502   Elyakime, Bernard, et al.  Auctioning and bargaining: an    
            econometric study of timber auctions with secret reservation
            prices.  27p.                                               
     9504   Guerre, Emmanuel, Perrigne, Isabel & Vuong, Quang.          
            Nonparametric estimation of first-price auctions.  38p.     
     9503   Guerre, Emmanuel, Perrigne, Isabel & Vuong, Quang.          
            Nonparametric estimation of first-price auctions: technical 
            appendices.  30p.                                           
     9505   Kuran, Timur.  Islamic economics and the Islamic subeconomy.
             34p.                                                       
     9501   Lavergne, Pascal & Vuong, Quang.  Selecting regressors using
            nonparametric estimators.  24p.                             

     STATE UNIVERSITY OF NEW YORK AT STONY BROOK.  Dept. of Economics.  

     9501   Aoiki, Reiko.  Sequential vs. simultaneous quality choices  
            with Bertrand and Cournot competition.  45p.                

     TEL-AVIV UNIVERSITY.  Foerder Institute of Economic Research.      

     12/95  Flanders, M. June.  Plus ca change..plus c'est (presque) la 
            meme chose - A review of Barry Eichengreen's "Golden        
            Fetters".  19p.                                             
     14/95  Helpman, Elhanan.  The size of regions.  33p.               
     15/95  Razin, Assaf & Sadka, Efraim.  Public debt in Israel: policy
            lessons.  35p.                                              
     13/95  Schwartz, Aba.  The interrelation of the time series of wage
            and employment at the firm level, common features and       
            contrasts.  16p.                                            
     11/95  Viaene, Jean-Marie & Zilcha, Itzhak.  Multiple uncertainty, 
            forward futures markets and international trade.  29p.      

     WASHINGTON UNIVERSITY.  Center for the Study of American Business. 

     155    Warren, Melinda & Jones, Barry.  Reinventing the regulatory 
            system: no downsizing in administration plan.  36p.         

     WASHINGTON UNIVERSITY-ST. LOUIS.  Department of Economics.         

     197    Kinghorn, Janice R. & Nye, John V.  The scale of production 
            in Western economic development: a comparison of official   
            industry statistics in the U.S., .  41p.                    

     UNIVERSITY OF WESTERN ONTARIO.  Department of Economics.           

     9508   Cooley, Thomas F., Greenwood, Jeremy & Yorukoglu, Mehmet.   
            The replacement problem.  37p.                              
     9509   Cowan, Robin & Foray, Dominique.  Quandaries in the         
            economics of dual technologies and spillovers from military 
            to civilian research and development.  25p.                 
     9510   Greenwood, Jeremy, Hercowitz, Zvi & Krusell, Per.  Long-run 
            implications of investment specific technological change.   
            32p.                                                        

     WORLD INSTITUTE FOR DEVELOPMENT ECONOMICS RESEARCH(United Nations) 

     118    Endale, Derseh.  Employment-based safety nets: exploring an 
            alternative approach to limit the adverse consequences of   
            recurrent droughts.  49p.                                       

     COWLES FOUNDATION AT YALE UNIVERSITY.  Reprint Series.             

     892    Scarf, Herbert E. & Shallcross, David F.  The Froebenius    
            problem and maximal lattice free bodies.                 
     891    Zivot, Eric & Phillips, Peter C.B.  A Bayesian analysis of  
            trend determination in economic time series.             

     HITOTSUBASHI UNIVERSITY.  Institute for Economic Research-Reprints.

     157    Fukuda, Shin-ichi & Teruyama, Hiroshi.  The sustainability  
            of budget deficits in Japan.                             
     158    Kuboniwa, Masaaki.  The structure of Russian foreign trade  
            in transition.                                           
     159    Takayama, Noriyuki.  The 1994 reform bill for public        
            pensions in Japan: its main contents and related discussion.

     NATIONAL BUREAU OF ECONOMIC RESEARCH.  Reprint Series.             

     1906   Romer, Paul.  New goods, old theory, and the welfare costs  
            of trade restrictions.                                   

     WASHINGTON UNIVERSITY.  CSAB.  Formal Publications (Pamphlets).    

     125    Lambert, Thomas & Boerner, Christopher.  Environmental      
            inequity: economic causes, economic solutions.  38p.        




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