New Acquisitions - August 1996


     STATE UNIVERSITY OF NEW YORK AT ALBANY.  Department of Economics.  

     9405   Lahiri, Kajal & Paul, Manimoy.  Risk comparisons among      
            restricted least squares, pre-test and OLS estimators under 
            model mis-specification.  41p.                              

     UNIVERSITY OF ALBERTA.  Department of Economics.                   

     96-6   Buse, A.  On the equivalence of pooled and mixed estimation.
             13p.                                                       
     96-3   Buse, A.  Testing homogeneity in the linearized almost ideal
            demand system.  33p.                                        
     96-4   Landon, Stuart.  Education costs and institutional          
            structure.  34p.                                            
     96-5   Lindsey, Robin.  Effects of driver information in the       
            bottleneck model.  44p.                                     

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

     9604   Herrero, Carmen, Maschler, Michael & Villar, Antonio.       
            Individual rights and collective responsibility: the        
            rights-egalitarian solution.  21p.                          
     9606   Karandikar, Rajeeva, et al.  Evolving aspirations and       
            cooperation.  34p.                                          
     9605   Vega-Redondo, Fernando.  The evolution of Walrasian         
            behavior.  20p.                                             

     BANK OF JAPAN.  Institute for Monetary & Economic Studies.         

     9622   Dellas, Harris, Diba, Behzad & Garber, Peter.  Resolving    
            failed banks: the U.S. S & L experience.  38p.              
     9624   Kunitomo, Naoto & Sato, Seisho.  Estimation of asymmetrical 
            volatility for asset prices: the simultaneous switching     
            ARIMA approach.  29p.                                       
     9621   McCallum, Bennett T.  Inflation targeting in Canada, New    
            Zealand, Sweden, the United Kingdom, and in general.  36p.  
     9623   Yamazaki, Akira.  Foreign exchange netting and systemic     
            risk.  43p.                                                 

     BROWN UNIVERSITY.  Department of Economics.                        

     9518   Albaek, Karsten & Sorensen, Bent E.  Worker flows and job   
            flows in Danish manufacturing, 1980-91.  46p.               
     9537   Beckmann, Martin J.  Spatial equilibrium under uniform      
            pricing.  9p.                                               
     9525   Carroll, Christopher D., Overland, Jody & Weil, David N.    
            Saving and growth with habit formation.  34p.               
     9529   Cho, In-Koo.  Perceptions play repeated games with imperfect
            monitoring.  33p.                                           
     9527   Cho, In-Koo & Li, Hao.  Complexity and network in repeated  
            games: linear strategies.  27p.                             
     9528   Cho, In-Koo & Sargent, Thomas J.  Neural networks for       
            encoding and adapting in dynamic economies.  28p.           
     9526   Dagan, Nir & Volij, Oscar.  Formation of nations in a       
            welfare-state minded world.  32p.                           
     9514   Dagan, Nir, Serrano, Roberto & Volij, Oscar.  Feasible      
            implementation of taxation methods.  23p.                   
     9534   Driscoll, John & Kraay, Aart.  Spatial correlations in panel
            data.  29p.                                                 
     96-9   Elul, Ronel.  Effectively complete equilibria: a note.  11p.
     9519   Elul, Ronel.  Financial innovation, precautionary saving and
            the riskless interest rate.  30p.                           
     9614   Elul, Ronel, Silva-Reus, Jose & Volij, Oscar.  "Will you    
            marry me?": a perspective on the gender gap.  30p.          
     9531   Feldman, Allan M.  Buying time: a model of the dollar value 
            of extra years of life.  33p.                               
     96-2   Feldman, Allan M.  The value of life revisited.  31p.       
     9612   Feldman, Allan M. & Frost, John M.  A simple model of       
            efficient tort liability rules.  28p.                       
     96-3   Galor, Oded.  Convergence?: inferences from theoretical     
            models.  20p.                                               
     9532   Galor, Oded & Tsiddon, Daniel.  Technological progress,     
            mobility, and economic growth.  38p.                        
     9521r  Gozalo, Pedro L.  Nonparametric specification testing with  
            the square root of n-local power and bootstrap critical     
            values.  37p.                                               
     9540   Gonzalo, Pedro & Linton, Oliver.  Using parametric          
            information in nonparametric regression.  53p.              
     9515   Grossman, Herschel I.  American fiscal policy in the 1990s. 
            10p.                                                        
     96-1   Grossman, Herschel I. & Kim, Minseong.  Morality, predation,
            and welfare.  20p.                                          
     9535   Grossman, Herschel I. & Kim, Minseong.  Predation and       
            accumulation.  26p.                                         
     96-6   Krishna, Pravin.  On the choice of instrument: voluntary    
            import expansions (VIEs) vs. voluntary export restraints    
            (VERs).  19p.                                               
     96-5   Krishna, Pravin.  Regionalism and multilateralism: a        
            political economy approach.  25p.                           
     96-8   Krishna, Pravin & Mitra, Devashish.  Trade liberalization,  
            market discipline and productivity growth: new evidence from
            India.  25p.                                                
     96-7   Krishna, Pravin & Bhagwati, Jagdish.  Necessarily           
            welfare-enhancing customs unions w/ industrialization       
            constraints: the Cooper-Massell-Johnson-Bhagwati .  12p.    
     9611   Lancaster, Tony & Lindenhovius, Bernard.  Biases in dynamic 
            panel data models: a reconsideration (first revision).  21p.
     9536   Lancaster, Tony & Intrator, Orna.  Panel data with survival:
            hospitalization of HIV patients.  19p.                      
     9530   Linton, Oliver & Gozalo, Pedro.  A nonparametric test of    
            conditional independence.  32p.                             
     9610   Linton, O.B. & Gozalo, P.L.  Testing additivity to          
            generalized nonparametric regression models.  22p.          
     9520   Malliaris, A.G. & Stein, Jerome L.  Microanalytics of price 
            volatility.  29p.                                           
     9517   Owen, Ann & Weil, David N.  Intergenerational earnings      
            mobility, inequality, and growth.  48p.                     
     9538   Pitt, Mark M.  Estimating the determinants of child health  
            when fertility and mortality are selective.  28p.           
     9539   Pitt, Mark M. & Khandker, Shahidur R.  The impact of        
            group-based credit programs on poor households in           
            Bangladesh: does the gender of participants matter?.  34p.  
     9522   Serrano, Roberto.  Reinterpreting the kernel.  26p.         
     9523   Serrano, Roberto & Volij, Oscar.  Axiomatizations of        
            neoclassical concepts for economies.  28p.                  
     9524   Serrano, Roberto & Yosha, Oved.  Decentralized information  
            and the Walrasian outcome: a pairwise meetings market with  
            private values.  28p.                                       
     96-4   Stein, Jerome L.  The natural real exchange rate: theory &  
            application to the real exchange rate of the U.S. dollar    
            relative to G7...  104p.                                    
     9533   Stein, Jerome L.  Real exchange rates and current accounts: 
            the implications of economic science for policy decisions.  
            40p.                                                        
     9516   Stein, Jerome L. & Sauerheimer, Karlhans.  The equilibrium  
            real exchange rate of Germany.  37p.                        
     9613   Stein, Jerome L. & Paladino, Giovanna.  Recent developments 
            in international finance: a guide to research.  37p.        

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

     72     Baek, Seung-Gwan.  Favorable external shocks, sectoral      
            adjustment and de-industrialization in non oil producing    
            economies.  42p.                                            
     70     Bardhan, Pranab.  Method in the madness?: a political       
            economy analysis of ethnic conflicts in less developed      
            countries.  39p.                                            
     69     Bardhan, Pranab & Priale, Rodrigo.  Endogenous growth theory
            in a vintage capital model.  35p.                           
     71     Dayton-Johnson, Jeff & Bardhan, Pranab.  Inequality and     
            conservation on the local commons: a theoretical exercise.  
            40p.                                                        

     UNIVERSITY OF CALIFORNIA-SAN DIEGO.  Department of Economics.      

     9604   Bagwell, Kyle & Ramey, Garey.  Coordination economies,      
            sequential search and advertising.  51p.                    
     9621   Betts, Julian R.  Do school resources matter only for older 
            workers?.  47p.                                             
     9609   Betts, Julian R.  Is there a link between school inputs and 
            earnings?: fresh scrutiny of an old literature.  75p.       
     9616   Betts, Julian R.  The role of homework in improving school  
            quality.  42p.                                              
     9610   Boswijk, H. Peter & Franses, Philip H.  Common persistence  
            in nonlinear autoregressive models.  15p.                   
     9617   Den Haan, Wouter j. & Levin, Andrew.  A practitioner's guide
            to robust covariance matrix estimation.  56p.               
     9607   Elliott, Graham & Fatas, Antonio.  International business   
            cycles and the dynamics of the current account.  29p.       
     9615   Engle, Robert F.  The econometrics of ultra-high frequency  
            data.  18p.                                                 
     9603   Grossbard-Schechtman, Shoshana & Granger, Clive W.J.        
            Women's jobs and marriage: baby-boom versus baby-bust.  22p.
     9619   Hamilton, James D.  Measuring the liquidity effect.  54p.   
     9618   Hamilton, James D. & Lin, Gang.  Stock market volatility and
            the business cycle.  39p.                                   
     9613   Perez-Quiros, Gabriel & Timmermann, Allan.  On business     
            cycle variation in the mean, volatility and conditional     
            distribution of stock returns.  50p.                        
     9602   Ramey, Garey.  Equilibrium R & D with an infinite sequence  
            of innovations.  28p.                                       
     9608   Ramey, Garey & Watson, Joel.  Bilteral trade and            
            opportunities in a matching market.  35p.                   
     9601   Ramey, Garey & Seo, Junghwan.  Licensing rivalry, research  
            joint ventures, and patent pooling.  26p.                   
     9606   Raut, Lakshmi K.  A reformulation of Aumann-Shapley random  
            order values of non-atomic games using invariant measures.  
            33p.                                                        
     9605   Raut, Lakshmi K.  Signalling equilibrium, intergenerational 
            mobility and long-run growth.  19p.                         
     9611   Siklos, Pierre L. & Granger, Clive W.J.  Temporary          
            cointegration with an application to interest rate parity.  
            17p.                                                        
     9620   Sobel, Joel.  Bean counting: standard choice in a           
            two-dimensional incentive program.  25p.                    
     9612   Sobel, Joel.  Theories of declining standards.  18p.        
     9614   Timmermann, Allan.  Excess volatility and predictability of 
            stock prices in autoregressive dividend models with         
            learning.  45p.                                             

     UNIVERSITY OF CALIFORNIA-SANTA BARBARA.  Department of Economics.  

     9/96   Kelly, David L. & Kolstad, Charles D.  Malthus and climate  
            change: betting on a stable population.  24p.               
     8/96   Qin, Cheng-Zhong.  "Hostages" and cooperation in the        
            prisoner's dilemma.  13p.                                   

     BANK OF CANADA.  Technical Reports.                                

     75     Coletti, Donald, et al.  The Bank of Canada's new quarterly 
            projection model, part 3: the dynamic model.  135p.         

     CORNELL UNIVERSITY.  Department of Economics.                      

     444    Basu, Kaushik & Van, Pham Hoang.  The economics of child    
            labor.  46p.                                                
     437    Conlin, Mike.  Reputation in bargaining: National Football  
            League contract negotiations.  44p.                         
     439    Conlin, Mike.  Signalling in National Football League       
            contract negotiations.  44p.                                
     443    Mitchell, Janet.  The problem of bad debts: cleaning banks' 
            balance sheets in economies in transition.  39p.            
     442    Mitchell, Janet.  Strategic creditor passivity in economies 
            in transition.  36p.                                        

     COWLES FOUNDATION FOR RESEARCH IN ECONOMICS AT YALE UNIVERSITY.    

     1113   Bergemann, Dirk & Valimaki, Juuso.  Learning and stragegic  
            pricing.  33p.                                              
     1116   Fair, Ray C. & Macunovich, Diane J.  Explaining the labor   
            force participation of women 20-24.  22p.                   
     1114   Grant, Simon, Kajii, Atsushi & Polak, Ben.  Preference for  
            information.  43p.                                          
     1117   Nordhaus, William D. & Popp, David.  What is the value of   
            scientific knowledge?: an application to global warming     
            using the PRICE model.  49p.                                
     1112   Shubik, Martin.  Time and money.  23p.                      

     (ENGLAND) CENTRE FOR ECONOMIC POLICY RESEARCH.                     

     1421   Acemoglu, Daron & Zilibotti, Fabrizio.  Agency costs in the 
            process of development.  37p.                               
     1426   Acemoglu, Daron & Zilibotti, Fabrizio.  Was Prometheus      
            unbound by chance?: risk, diversification, and growth.  41p.
     1422   Bacchetta, Philippe & Caminal, Ramon.  Do capital market    
            imperfections exacerbate output fluctuations?.  31p.        
     1420   Baldwin, Richard E. & Seghezza, Elena.  Trade-induced       
            investment-led growth.  24p.                                
     1419   Benabou, Roland.  Unequal societies.  34p.                  
     1418   Canzoneri, Matthew B., Nolan, Charles & Yates, Anthony.     
            Mechanisms for achieving monetary stability: inflation      
            targeting versus the ERM.  21p.                             
     1417   Canzoneri, Matthew B., Diba, Behzad & Eudey, Gwen.  Trends  
            in European productivity and real exchange rates:           
            implications for Maastrict convergence...  42p.             
     1429   Casella, Alessandra.  The role of market size in the        
            formation of jurisdictions.  44p.                           
     1414   De Cecco, Marcello & Giavazzi, Francesco.  The use of       
            special drawing rights in the financing of official         
            safety-net mechanisms.  22p.                                
     1412   Francois, Joseph F., Nelson, Douglas & Palmeter, N. David.  
            Public procurement: a post-Uruguay Round perspective.  36p. 
     1411   Francois, Joseph F., McDonald, Bradley & Nordstrom, Hakan.  
            Trade liberalization and investment in a multilateral       
            framework.  23p.                                            
     1410   Francois, Joseph F., McDonald, Bradley & Nordstrom, Hakan.  
            A user's guide to Uruguay Round assessments.  28p.          
     1413   Galor, Oded & Tsiddon, Daniel.  Technological progress,     
            mobility, and economic growth.  36p.                        
     1423   Guiso, Luigi & Jappelli, Tullio.  Background uncertainty and
            the demand for insurance against insurable risks.  24p.     
     1415   Hoekman, Bernard & Djankov, Simeon.  Effective protection   
            and investment incentives in Egypt and Jordan during the    
            transition to free trade with Europe.  28p.                 
     1409   Holland, Allison & Scott, Andrew.  The determinants of UK   
            business cycles.  29p.                                      
     1416   Neven, Damien & von Ungern-Sternberg, Thomas.  Competition  
            policy in Switzerland.  49p.                                
     1428   Saint-Paul, Gilles.  Voting for jobs: policy persistence and
            unemployment.  28p.                                         

     UNIVERSITY OF ESSEX.  Department of Economics.                     

     460    Jafarey, Saqib, Kaskarelis, Vannis & Philippopoulos,        
            Apostolis.  Public debt and private investment with         
            endogenous government spending.  35p.                       
     461    Katsimi, Margarita.  Explaining the size of the public      
            sector.  23p.                                               
     459    Kemp, Gordon C.R.  Scale equivalence and the Box-Cox        
            transformation.  8p.                                        
     458    McCrorie, J. Roderick.  Interpolating exogenous variables in
            open continuous time dynamic models.  35p.                  

     EUROPEAN UNIVERSITY INSTITUTE.  Department of Economics.           

     9534   Artis, M.J. & Zhang, W.  International business cycles and  
            the ERM: is there a European business cycle?.  29p.         
     9538   Boeri, Tito.  On the job search and unemployment duration.  
            42p.                                                        
     9544   Ehrbeck, Tilman & Waldmann, Robert.  Is honesty always the  
            best policy?.  24p.                                         
     9536   Guarda, Paolo & Salmon, Mark.  On the detection of          
            nonlinearity in foreign exchange data.  38p.                
     9541   Nero, Giovanni.  Spatial multiproduct duopoly pricing.  27p.
     9542   Nero, Giovanni.  Spatial multiproduct pricing: empirical    
            evidence on intra-European duopoly airline markets.  29p.   
     9535   Phlips, Louis.  On the detection of collusion and predation.
             26p.                                                       
     9543   Waldmann, Robert.  Rational stubborness?.  14p.             

     FEDERAL RESERVE BANK OF ATLANTA.  Research Department.             

     96-3   Dwyer, Gerald P. & Hasan, Iftekhar.  Suspension of payments,
            bank failures, and the nonbank public's losses.  48p.       

     FEDERAL RESERVE BANK OF MINNEAPOLIS.  Research Department.         

     213    Cole, Harold L., Mailath, George L. & Postlewaite, Andrew.  
            Class sytems and the enforcement of social norms.  40p.     

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

     111    Pesaran, M. Hashem & Ruge-Murcia, Francisco J.              
            Limited-dependent rational expectations models with jumps.  
            51p.                                                        

     FEDERAL RESERVE BANK OF PHILADELPHIA.  Economic Research Division. 

     9613   Carlino, Gerald & Sill, Keith.  Common trends and common    
            cycles in regional per capita incomes.  44p.                
     9614   Hughes, Joseph P., et al.  Safety in numbers?: geographic   
            diversification and bank insolvency risk.  32p.             

     FEDERAL RESERVE BOARD.  Finance & Economics Discussion Series.     

     9625   Carey, Mark, Post, Mitch & Sharpe, Steven A.  Does corporate
            lending by banks and finance companies differ?: evidence on 
            specialization in private debt contracti.  63p.             
     9624   Orphanides, Athanasios & Wilcox, David W.  The opportunistic
            approach to disinflation.  29p.                             

     FEDERAL RESERVE BOARD.  International Finance Papers.              

     556    Ammer, John & Gibson, Michael S.  Regulation and the cost of
            capital in Japan: a case study.  48p.                       
     558    Bertaut, Carol C.  Stockholding behavior of U.S. households:
            evidence from the 1983-89 Survey of Consumer Finances.  41p.
     557    Ghosal, Vivek & Loungani, Prakash.  Firm size and the impact
            of profit-margin uncertainty on investment: do financing    
            constraints play a role?.  31p.                             

     HARVARD UNIVERSITY.  Institute of Economic Research.               

     1765   Caballero, Ricardo J. & Leahy, John V.  Fixed costs: the    
            demise of marginal q.  18p.                                 
     1763   Campbell, John Y.  Consumption and the stock market:        
            interpreting international experience.  63p.                
     1767   Davis, Donald R.  Technology, unemployment, and relative    
            wages in a global economy.  27p.                            
     1764   Furman, Jason & Leahy, John V.  The international           
            transmission of monetary policy: evidence from the United   
            States and Canada.  29p.                                    
     1762   Kain, John F.  Cost-effective alternatives to Atlanta's     
            costly rail rapid transit system.  38p.                     
     1768   LaPorte, Rafael, et al.  Law and finance.  60p.             
     1766   Sen, Amartya.  Maximization and the act of choice.  56p.    

     HEBREW UNIV. Center for Rationality & Interactive Decision Theory. 

     105    Amitai, Mor.  Repeated games with incomplete information on 
            both sides.  27p.                                           
     106    Herrero, Carmen, Maschler, Michael & Villar, Antonio.       
            Individual rights and collective responsibility: the        
            rights-egalitarian solution.  19p.                          
     107    Milchtaich, Igal.  On backward induction paths and pure     
            strategy Mash equilibria of congestion games.  10p.         

     HITOTSUBASHI UNIVERSITY.  Institute for Economic Research.         

     323    Stein, Howard.  Adjustment and development in Africa: toward
            an assessment.  23p.                                        

     UNIVERSITY OF ICELAND.  Faculty of Economics & Business Admin.     

     38     Matthiasson, Thorolfur.  Why fishing fleets tend to be "too 
            big".  11p.                                                 
     37     Petursson, Thorarinn G.  Are prices forward looking?:       
            evidence from Iceland.  16p.                                
     39     Runolfsson, Birgir & Arnason, Ragnar.  Iceland's individual 
            transferable quota system: evolution and performance.  38p. 

     INSTITUT NATIONAL DE LA STATISTIQUE ET DES ETUDES ECONOMIQUES.     

     9608   Alziary, B., Decamps, J.P. & Koehl, P.F.  A partial         
            differential equation approach to Asian options: analytical 
            and numerical evidence.  40p.                               
     9617   Berger, J.O., Philippe, A. & Robert, C.P.  Estimation of    
            quadratic functions: noninformative priors for              
            non-centrality parameters.  17p.                            
     9618   Berred, A.M.  Estimation of record values.  12p.            
     9622   Blundell, R., Magnac, T. & Meghir, C.  Savings and labour   
            market transitions.  33p.                                   
     9625   Casella, G. & Robert, C.P.  Post-processing accept-reject   
            samples: recycling and rescaling.  19p.                     
     9623   Chiappori, P.A., Salanie, B. & Valentin, J.  Early starters 
            versus late beginners.  34p.                                
     9611   El Karoui, N., Frachot, A. & Geman, H.  A note on the       
            behavior of long zero coupon rates in a no arbitrage        
            framework.  16p.                                            
     9612   Gayraud, G.  Minimax hypothesis testing.  22p.              
     9620   Guegan, D.  A nonparametric point of view: stochastic versus
            deterministic approach.  18p.                               
     9616   Guegan, D. & Mercier, L.  Predation in chaotic time series: 
            methods and comparisons using simulations.  15p.            
     9619   Guegan, D. & Leorat, G.  What is the good way to identify   
            noisy chaos?: an empirical approach.  18p.                  
     9609   Jullien, B.  Participation constraints in adverse selection 
            models.  36p.                                               
     9610   Linnemer, L. & Perrot, A.  Certification by a monopolist.   
            24p.                                                        
     9624   Robert, C.P. & Titterington, D.M.  Reparameterisation       
            strategies for hidden Markov models and Bayesian approaches 
            to maximum likelihood estimation.  24p.                     

     BANCA DE ITALIA.  Research Department.                             

     268    Boldrin, M., Christiano, L.J. & Fisher, J.D.M.  Asset       
            pricing lessons for modelling business cycles.  57p.        
     267    Rinaldi, Roberto & Tedeschi, Roberto.  Money demand in      
            Italy: a system approach.  59p.                             
     269    Rudebusch, Glenn D.  Do measures of monetary policy in a VAR
            make sense?.  34p.                                          
     270    Sen, Amartya.  Maximization and the act of choice.  62p.    

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

     9612   Bacchetta, Philippe & Caminal, Ramon.  Do capital market    
            imperfections exacerbate output fluctuations?.  31p.        
     9613   Irmen, Andreas & Thisse, Jacques F.  Competition in         
            multi-characteristics spaces: Hotelling was almost right.   
            36p.                                                        
     9609   Neven, Damien & von Ungern-Sternberg, Thomas.  Competition  
            policy in Switzerland.  49p.                                
     9611   Neven, Damien & von Ungern-Sternberg, Thomas.  Swiss        
            competition policy in the last decade.  29p.                

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

     310    Foldes, Lucien.  The optimal consumption function in a      
            Brownian model of accumulation part b: solutions of boundary
            value problems.  73p.                                       

     MACQUARIE UNIVERSITY.  Department of Economics.                    

     3/96   Oslington, Paul.  Dual representation of the specific       
            factors model in international trade theory.  9p.           
     2/96   Oslington, Paul.  Factor price equalisation and trade       
            patterns with unemployment.  16p.                           

     UNIVERSITY OF MARYLAND.  Department of Economics.                  

     9606   Hoff, Karla & Lyon, Andrew B.  Can technological progress   
            lower incomes?: new results on lemons models.  13p.         
     9605   Kranton, Rachel E. & Swamy, Anand V.  The hazards of        
            piecemeal institutional reform: an analysis of British civil
            courts in colonial Africa.  49p.                            

     MASSACHUSETTS INSTITUTE OF TECHNOLOGY.  Department of Economics.   

     9615   Acemoglu, Daron.  Changes in unemployment and wage          
            inequality: an alternative theory and some evidence.  48p.  
     9616   Bai, Jushan.  An inequality for vector-valued martingales   
            and its applications.  12p.                                 
     9613   Bai, Jushan.  A note on spurious break and regime shift in a
            cointegrated relationship.  12p.                            
     9610   Bernard, Andrew & Wagner, Joachim.  Exports and success in  
            German manufacturing.  30p.                                 
     9614   Caballero, Ricardo J. & Leahy, John V.  Fixed costs: the    
            demise of marginal q.  19p.                                 
     9611   Caselli, Francesco & Ventura, Jaume.  A representative      
            consumer theory of distribution.  39p.                      
     9612   DiNardo, John E. & Pischke, Jorn-Steffen.  The returns to   
            computer use revisted: have pencils changed the wage        
            structure too?.  30p.                                       
     9618   Kremer, Michael.  How much does sorting increase            
            inequality?.  37p.                                          
     9617   Kremer, Michael & Morcom, Charles.  Elephants.  74p.        
     96-9   Smith, Lones & Sorensen, Peter.  Informational herding as   
            experimentation deja vu.  15p.                              
     9619   Smith, Lones & Sorensen, Peter.  Pathological outcomes of   
            observational learning.  47p.                               

     UNIVERSITY OF MELBOURNE.  Department of Economics.                 

     508    Amiel, Yoram, Creedy, John & Hurn, Stan.  Measuring         
            inequality aversion.  14p.                                  

     NATIONAL BUREAU OF ECONOMIC RESEARCH.  Working Papers.             

     5621   Addison, John T., Fox, Douglas A. & Ruhm, Christopher J.    
            Trade sensitivity, technology, and labor displacement.  31p.
     5586   Alesina, Alberto, et al.  Budget institutions and fiscal    
            performance in Latin America.  42p.                         
     5614   Alesina, Alberto & Bayoumi, Tamim.  The costs and benefits  
            of fiscal rules: evidence from U.S. states.  14p.           
     5623   Backus, David, Foresi, Silverio & Telmer, Chris.  Affine    
            models of currency pricing.  40p.                           
     5638   Backus, David, Foresi, Silverio & Zin, Stanley.  Arbitrage  
            opportunities in arbitrage-free models of bond pricing.     
            39p.                                                        
     5628   Bayoumi, Tamim, Coe, David T. & Helpman, Elhanan.  R & D    
            spillovers and global growth.  36p.                         
     5613   Brewer, Dominic J., Eide, Eric & Ehrenberg, Ronald G.  Does 
            it pay to attend an elite private college?: cross cohort    
            evidence on the effects of college quality on earning.  21p.
     5610   Campbell, John Y.  Consumption and the stock market:        
            interpreting international experience.  63p.                
     5620   Davis, Donald R.  Does European unemployment prop up        
            American wages?.  32p.                                      
     5636   Davis, Donald R.  Technology, unemployment, and relative    
            wages in a global economy.  27p.                            
     5625   Davis, Donald R., et al.  The Heckscher-Ohlin-Vanek model of
            trade: why does it fail?  When does it work?.  50p.         
     5627   Debelle, Guy & Lamont, Owen.  Relative price variability and
            inflation: evidence from U.S. cities.  31p.                 
     5611   De Long, J. Bradford.  Keynesianisn, Penssylvania Avenue    
            style: some economic consequences of the Employment Act of  
            1946.  25p.                                                 
     5622   Dunn, Thomas & Holtz-Eakin, Douglas.  Financial capital,    
            human capital, and the transition to self-employment:       
            evidence from intergenerational links.  30p.                
     5640   Eichner, Matthew J., McClellan, Mark B. & Wise, David A.    
            Insurance or self-insurance?: variation, persistence, and   
            individual health accounts.  53p.                           
     5626   Hellerstein, Judith K., Neumark, David & Troske, Kenneth R. 
            Wages, productivity, and worker characteristics: evidence   
            from plant-level production functions and wage equations.   
            49p.                                                        
     5619   Johnson, Richard W. & Neumark, David.  Age discrimination,  
            job separations, and employment status of older workers:    
            evidence from self-reports.  44p.                           
     5637   Jovanovic, Boyan & Ueda, Masako.  Contracts and money.  26p.
     5635   Laibson, David I.  Hyperbolic discount functions,           
            undersaving and savings policy.  49p.                       
     5616   Lehr, William & Lichtenberg, Frank R.  Computer use and     
            productivity growth in federal government agencies,         
            1987-1992.  32p.                                            
     5615   Levine, Phillip B., et al.  Roe vs. Wade and American       
            fertility.  28p.                                            
     5631   Neumark, David & Wascher, William.  Is the time series      
            evidence on minimum wage effects contaminated by publication
            bias?.  23p.                                                
     5617   Rauch, James E.  Networks versus markets in international   
            trade.  42p.                                                
     5618   Rauch, James E.  Trade and search: social capital, sogo     
            shosha, and spillovers.  25p.                               
     5624   Rotemberg, Julio J.  Perceptions of equity and the          
            distribution of income.  40p.                               
     5639   Shin, Hyun-Han & Stulz, Rene M.  An analysis of divisional  
            investment policies.  35p.                                  
     5609   Venti, Steven F. & Wise, David A.  The wealth of cohorts:   
            retirement saving and the changing assets of older          
            Americans.  73p.                                            
     5612   Weinstein, David E.  Foreign direct investment and keiretsu:
            rethinking U.S. and Japanese policy.  45p.                  

     NATIONAL BUREAU OF ECONOMIC RESEARCH.  Technical Papers.           

     197    den Haan, Wouter J. & Levin, Andrew T.  A practitioner's    
            guide to robust covariance matrix estimation.  56p.         

     NEW YORK UNIVERSITY.  Stern School of Business.                    

     9610   Ansari, Asim, Economides, Nicholas & Steckel, Joel.  The    
            max-min principle of product differentiation.  38p.         
     9611   Greene, William H.  Marginal effects in the bivariate probit
            model.  6p.                                                 

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

     1148   Bagwell, Kyle & Ramey, Garey.  Coordination economies,      
            sequential search and advertising.  51p.                    
     1150   Bagwell, Kyle & Staiger, Robert W.  Reciprocal trade        
            liberalization.  50p.                                       
     1156   Bagwell, Kyle & Staiger, Robert W.  Strategic export        
            subsidies and reciprocal trade agreements: the natural      
            monopoly case.  31p.                                        
     1151   Jackson, Matthew & Kalai, Ehud.  Recurring bullies,         
            trembling and learning.  15p.                               
     1152   Marinacci, Massimo.  Decomposition and representation of    
            coalitional games.  24p.                                    
     1157   Miravette, Eugenio J.  Time-consistent protection of an     
            infant-industry: the symmetric oligopoly case.  24p.        
     1153   Moselle, Boaz.  Efficiency wages and the hours/umemployment 
            trade-off.  28p.                                            
     1154   Myerson, Roger B.  John Nash's contributions to economics.  
            14p.                                                        
     1155   Myerson, Robert B.  Economic analysis of political          
            institutions: an introduction.  31p.                        
     1149   Persico, Nicola.  Information acquisition in affiliated     
            decision problems.  36p.                                    

     OSAKA UNIVERSITY.  Institute of Social and Economic Research.      

     402    Horioka, Charles Y., et al.  Do the aged dissave in Japan?: 
            evidence from micro data.  22p.                             
     403    Itoh, Hideshi.  Job design and incentives in hierarchies    
            with team production.  21p.                                 
     401    Punzo, Lionello F.  Industrial dynamics and structural      
            change: a framework for the analysis of sectoral dynamics in
            a set of countries.  39p.                                   
     400    Seko, Miki.  Nonlinear budget constraints and estimation:   
            effects of subsidized home loans on housing decisions in    
            Japan.  26p.                                                
     404    Yoshihara, Naoki.  Natural and double implementation of     
            public ownership solutions in differentiable production     
            economies.  33p.                                            

     PRINCETON UNIVERSITY.  International Finance Section-Essays.       

     198    Eichengreen, Barry.  A more perfect union?: the logic of    
            economic integration.  27p.                                 

     PRINCETON UNIVERSITY.  International Finance Section-Studies.      

     19     Eijffinger, Sylvester C.W & deHaan, Jakob.  The political   
            economy of central bank independence.  77p.                 

     UNIVERSITY OF ROCHESTER.  Center for Economic Research.            

     415    Campbell, Jeffrey R. & Kuttner, Kenneth N.  Macroeconomic   
            effects of employment reallocation.  30p.                   
     414    Chari, V.V. & Hopenhayn, Hugo A.  Matching human capital and
            displacement.  22p.                                         
     420    Greenwood, Jeremy, Hercowitz, Zvi & Krusell, Per.  Long-run 
            implications of investment-specific technological change.   
            37p.                                                        
     416    Hodgson, Douglas J.  Robust semiparametric estimation in the
            presence of heterogeneity of unknown form.  37p.            
     419    Leung, Siu Fai & Yu, Shihti.  Collinearity and two-step     
            estimation of sample selection models: problems, origins,   
            and remedies.  29p.                                         
     418    Thomson, William.  Consistent allocation rules.  164p.      
     417    Thomson, William.  Writing papers.  41p.                    

     UNIVERSITY OF ROCHESTER.  Wallis Inst. of Political Economy.       

     7      Bird, Edward J.  Social norms, cultural competition, and    
            welfare reform: scant hope for the collapsing family.  39p. 

     UNIVERSITY OF VICTORIA (BC).  Department of Economics.             

     95-1   Kennedy, Peter W. & Laplante, Benoit.  Equilibrium          
            incentives for cleaner technology adoption under emissions  
            pricing.  40p.                                              
     9506   Oum, Tae Hoon, Zhang, Anming & Zhang, Yimin.  Capital       
            structure and socially optimal capacity in oligopoly: the   
            case of the airline industry.  28p.                         

     COWLES FOUNDATION AT YALE UNIVERSITY.  Reprint Series.             

     916    Andrews, Donald W.K. & Ploberger, Werner.  Admissibility of 
            the likelihood ratio test when a nuisance parameter is      
            present only under the alternative.                      
     913    Kitamura, Yuichi & Phillips, Peter C.B.  Efficient          
            instrumental variables estimation in nonstationary          
            regression.                                              
     915    Linton, Oliver.  Second order approximation in the partially
            linear regression model.                                 
     881    Miller, John H. & Shubik, Martin.  Some dynamics of a       
            strategic market game with a large number of agents.    
     911    Phillips, Peter C.B.  Bayesian model selection and          
            prediction with empirical applications.                 
     908    Phillips, Peter C.B.  Bayesian prediction: a response.  
     912    Phillips, Peter C.B.  Robust nonstationary regression.  
     914    Phillips, Peter C.B.  Trending multiple time series.     
     909    Shiller, Robert J.  Conversation, information, and herd     
            behavior. 
                                            

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