New Acquisitions - December 1999

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

     9916   Alcalde, Jose & Romero-Medina, Antonio.  Sequential         
            decisions in the college admissions problem.  13p.          
     9915   Chattopadhyay, Subir & Gottardi, Piero.  Stochastic         
            overlapping generations models, market structure and        
            optimality.  43p.                                           
     9914   Halevy, Yoram & Feltkamp, Vincent.  A Bayesian approach to  
            uncertainty aversion.  25p.                                 

     BANCO DE ESPANA.  Servicio de Estudios.                            

     9919   Andres, J., Lopez-Salido, J.D. & Valles, J.  Intertemporal  
            substitution and the liquidity effect in a sticky price     
            model.  38p.                                                

     BEN GURION UNIVERSITY.  Monaster Center for Economic Research.     

     9911   Einy, Ezra, Moreno, Diego & Shitovitz, Benyamin.            
            Information advantage in Cournot oligopoly.  15p.           
     99-9   Gradstein, Mark & Justman, Moshe.  Public schooling, social 
            capital and growth.  16p.                                   
     9910   Kaplan, Todd R. & Ruffle, Bradley J.  The self-serving bias 
            and beliefs about rationality.  29p.                        
     9912   Preminger, Arie & Shalit, Haim.  Normality is a necessary   
            and sufficient condition for OLS to yield robust results.   
            6p.                                                         

     UNIVERSITY OF CALIFORNIA-BERKELEY.  Department of Economics.       

     269    David, Paul A., Hall, Bronwyn H. & Toole, Andrew A.  Is     
            public R & D a complement or substitute for private R & D?: 
            a review of the econometric evidence.  66p.                 

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

     108    Bardhan, Pranab & Ghatak, Maitreesh.  Inequality, market    
            imperfections, and collective action problems.  22p.        
     107    Obstfeld, Maurice & Rogoff, Kenneth.  New directions for    
            stochastic open economy models.  45p.                       

     UNIVERSITY OF CALIFORNIA-SANTA BARBARA.  Department of Economics.  

     11/99  Deacon, Robert T.  The political economy of environment -   
            development relationships: a preliminary framework.  31p.   
     12/99  Garratt, Rod & Keister, Todd.  A characterization of robust 
            sunspot equilibria.  10p.                                   
     10/99  Kelly, David, Kolstad, Charles D. & Mitchell, Glenn.        
            Adjustment costs from environmental change induced by       
            incomplete information and learning.  43p.                  
     9/99   Phillips, Peter C.B., Moon, Hyungsik R. & Xiao, Zhijie.  How
            to estimate autoregressive roots near unity.  40p.          

     UNIVERSITY OF CAMBRIDGE.  Department of Applied Economics.         

     9916   Giovannetti, Emanuele.  On the evolution of regional        
            asymmetries.  38p.                                          
     9911   Knight, John & Satchell, Stephen.  Testing for infinite     
            order stochastic dominance with applications to finance,    
            risk, and income inequality.  16p.                          
     9915   Solomou, Solomos & Wu, Weike.  Weather effects on European  
            agricultural output.  33p.                                  
     9913   Spagnolo, Giancarlo.  Issue linkage, delegation, and        
            international policy cooperation.  15p.                     
     9914   Spagnolo, Giancarlo.  On interdependent supergames:         
            multimarket contact, concavity, and collusion.  16p.        
     9912   Weeks, Melvyn & Orme, Chris.  The statistical relationship  
            between bivariate and multinomial choice models.  15p.      

     UNIVERSIDAD CARLOS III de MADRID.  Dept. de Economia.              

     9971   Herrendorf, Berthold, Valentiny, Akos & Waldman, Robert.    
            Ruling out multiplicity and indeterminacy: the role of      
            heterogeneity.  21p.                                        
     9966   Kujal, Praveen & Cabral, Celia C.  The role of commitment   
            and the choice of trade policy instruments.  28p.           
     9959   Osuna, Victoria.  Job flow dynamics in segmented labor      
            markets: the effects of reduction in firing costs in Spain. 
            29p.                                                        

     UNIVERSITY OF COPENHAGEN.  Centre for Industrial Economics.        

     9913   Chanel, Olivier & Vincent, Stephanie.  The declining price  
            effect in sequential auctions: what theory does not predict.
             35p.                                                       
     9914   Jacobsen, Hans J., Jensen, Mogens & Sloth, Birgitte.        
            Evolutionary learning in signalling games.  34p.            

     UNIVERSITY OF COPENHAGEN.  Institute of Economics.                 

     9919   Albaek, Karsten.  An evaluation of paid leave: participation
            and labor market tightness.  36p.                           
     9917   Gyntelberg, Jacob & Kyhl, Soren.  Ownership structure as a  
            signal of managerial ability.  32p.                         
     9918   Jebjerg, Lars & Kyhl, Soren.  The choice between bank debt  
            and equity.  27p.                                           
     9921   Keiding, Hans & Peleg, Bezalel.  Representation of          
            effectivity functions in coalition proof Nash equilibrium: a
            complete characterization.  24p.                            
     9920   Keiding, Hans & Peleg, Bezalel.  Stable voting procedures   
            for committees in economic environments.  27p.              
     9916   Kyhl, Soren.  Enforcement of contracts when markets are     
            incomplete.  24p.                                           

     COWLES FOUNDATION FOR RESEARCH IN ECONOMICS AT YALE UNIVERSITY.    

     1233   Andrews, Donald W.K. & Lu, Biao.  Consistent model and      
            moment selection criteria for GMM estimation with           
            application to dynamic panel data models.  43p.             
     1239   Athanasoulis, Stefano G. & Shiller, Robert J.  World income 
            components: measuring and exploiting risk-sharing           
            opportunities.  41p.                                        
     1240   Bergemann, Dirk & Valimaki, Juuso.  Stationary multi-choice 
            bandit problems.  12p.                                      
     1237   Bergemann, Dirk & Valimaki, Juuso.  Strategic buyers and    
            privately observed prices.  20p.                            
     1232   Kranton, Rachel E. & Minehart, Deborah F.  Competition for  
            goods in buyer-seller networks.  38p.                       
     1231   Kranton, Rachel E. & Minehart, Deborah F.  Vertical         
            integration, networks, and markets.  43p.                   
     1236   Mailath, George J. & Morris, Stephen.  Repeated games with  
            almost-public monitoring.  52p.                             
     1238   Mandelbrot, Benoit.  Survey of multifractality in finance.  
            26p.                                                        
     1242   Morris, Stephen.  Political correctness.  38p.              
     1241   Morris, Stephen & Shin, Hyun Song.  Coordination risk and   
            the price of debt.  28p.                                    
     1235   Ramey, Garey & Watson, Joel.  Contractual intermediaries.   
            38p.                                                        
     1234   Tobin, James.  On Minsky's agenda for reform.  5p.          

     (ENGLAND) CENTRE FOR ECONOMIC POLICY RESEARCH.                     

     2250   Alesina, Alberto, et al.  Fiscal policy, profits and        
            investment.  49p.                                           
     2242   Artis, Michael J., Krolzig, Hans-Martin & Toro, Juan.  The  
            European business cycle.  31p.                              
     2251   Bhattacharya, Sudipto & Nicodano, Giovanni.  Insider        
            trading, investment and liquidity: a welfare analysis.  29p.
     2257   Boot, Arnoud W.A. & Macey, Jonathan R.  Objectivity,        
            proximity and adaptability in corporate governance.  47p.   
     2248   Braga de Macedo, Jorge, Nunes, Luis Catela & Covas,         
            Francisco.  Moving the escudo into the Euro.  37p.          
     2258   Brana, Sophie & Maurel, Mathilde.  Barter in Russia:        
            liquidity shortage versus lack of restructuring.  25p.      
     2237   Brocas, Isabelle & Carrillo, Juan D.  On rush and           
            procrastination.  26p.                                      
     2233   Carlin, Wendy & Mayer, Colin.  Finance, investment and      
            growth.  42p.                                               
     2230   Cheung, Yin-Wong, Chinn, Menzie D. & Marsh, Ian W.  How do  
            UK-based foreign exchange dealers think their market        
            operates?  29p.                                            
     2227   Colombo, Emilio.  Restructuring as a signal: a simple       
            formalization.  29p.                                        
     2236   Cukierman, Alex & Lippi, Francesco.  Labour markets and     
            monetary union: a strategic analysis.  33p.                 
     2256   Duranton, Gilles & Puga, Diego.  Diversity and              
            specialization in cities: why, where and when does it       
            matter?  28p.                                              
     2249   Dutz, Mark & Hayri, Aydin.  Does more intense competition   
            lead to higher growth?  39p.                               
     2261   Faggio, Giulia & Konings, Jozef.  Gross job flows and firm  
            growth in transition countries: evidence using firm level   
            data on five countries.  42p.                               
     2259   Fatas, Antonio & Mihov, Ilian.  Government size and         
            automatic stabilizers: international and intranational      
            evidence.  30p.                                             
     2264   Femminis, Gianluca.  On the optimality of risk-sharing in   
            growth models: the role of `education'.  15p.               
     2247   Forslid, Rikard, Haaland, Jan I. & Knarvik, Karen H.M.  A   
            U-shaped Europe?: a simulation study of industrial location.
             30p.                                                       
     2265   Foucault, Thierry, Roell, Ailsa & Sandas, Patrik.  Imperfect
            market-monitoring and SOES trading.  55p.                   
     2238   Freixas, Xavier.  Optimal bail-out, conditionality and      
            creative ambiguity.  30p.                                   
     2246   Gali, Jordi & Gertler, Mark.  Inflation dynamics: a         
            structural economic analysis.  29p.                         
     2224   Grosfeld, Irena, et al.  Dynamics and inertia on the Russian
            labour market: a model of segmentation.  33p.               
     2240   Grossman, Gene M.  Imperfect labour contracts and           
            international trade.  39p.                                  
     2234   Honkapohja, Seppo & Turunen-Red, Arja.  Complementarity,    
            growth and trade.  38p.                                     
     2267   Imbs, Jean.  Co-fluctuations.  47p.                         
     2231   Lane, Philip & Milesi-Ferretti, Gian Maria.  The external   
            wealth of nations: measures of foreign assets and           
            liabilities for industrial and developing countries.  53p.  
     2239   Laroque, Guy & Salanie, Bernard.  Breaking down married     
            female non-employment in France.  45p.                      
     2260   Leahy, Dermot & Montagna, Catia.  Unionization and foreign  
            direct investment: challenging conventional wisdom?  25p.  
     2223   Lettau, Martin & Ludvigson, Sydney.  Consumption, aggregate 
            wealth and expected stock returns.  57p.                    
     2262   Manasse, Paolo & Turrini, Alessandro.  Trade, wages and     
            superstars.  31p.                                           
     2245   Marin, Dalia & Schnitzer, Monika.  Disorganization and      
            financial collapse.  31p.                                   
     2232   Martin, Philippe & Rey, Helene.  Financial super-markets:   
            size matters for asset trade.  25p.                         
     2255   Overman, Henry G. & Puga, Diego.  Unemployment clusters     
            across European regions and countries.  36p.                
     2243   Perotti, Enrico C. & van Oijen, Pieter.  Privatization,     
            political risk and stock market development.  30p.          
     2235   Persson, Torsten & Tabellini, Guido.  Political economics   
            and public finance.  131p.                                  
     2225   Portes, Richard & Roy, Helene.  The determinants of         
            cross-border equity flows.  33p.                            
     2244   Puhani, Patrick A.  Public training and outflows from       
            unemployment: an augmented matching function approach on    
            Polish regional data.  47p.                                 
     2226   Rey, Helene.  International trade and currency exchange.    
            48p.                                                        
     2229   Schoors, Koen.  The credit squeeze during Russia's early    
            transition: a bank-based view.  46p.                        
     2228   Smarzynska, Beata.  Composition of foreign direct investment
            and protection of intellectual property rights in transition
            economies.  49p.                                            
     2263   Sorm, Vit & Terrell, Katherine.  A comparative look at      
            labour mobility in the Czech Republic: where have all the   
            workers gone?  37p.                                        
     2241   Vinals, Jose & Valles, Javier.  On the real effects of      
            monetary policy: a central banker's view.  38p.             
     2253   Wyplosz, Charles.  Financial restraints and liberalization  
            in postwar Europe.  50p.                                    
     2252   Wyplosz, Charles.  Towards a more perfect EMU.  34p.        

     UNIVERSITY OF ESSEX.  Department of Economics.                     

     502    Guariglia, Alessandra & Rossi, Mariacristina.  Consumption, 
            habit formation and precautionary saving: evidence from the 
            U.K.  22p.                                                  
     500    Jafarey, Saqib & Lahiri, Sajal.  Will trade sanctions reduce
            child labour?: the role of credit markets.  34p.            
     499    Markose, Sheri M.  The liar strategy and surprises:         
            computability and indeterminacy in Nash equilibria games.   
            37p.                                                        
     501    Symeonidis, George.  Price and non-price competition with   
            endogenous market structure.  43p.                          

     THE MAURICE FALK INSTITUTE FOR ECONOMIC RESEARCH IN ISRAEL.        

     9902   Hazan, Moshe & Berdugo, Binyamin.  Child labor, fertility,  
            and economic growth.  31p.                                  

     FONDAZIONE ENI ENRICO MATTEI.                                      

     66/99  Hoekman, Bernard & Holmes, Peter.  Competition policy,      
            developing countries and the WTO.  26p.                     
     70/99  Mavroidis, Petros C.  International competition rules: the  
            existing framework.  8p.                                    
     60/98  Rutherford, Thomas F. & Tarr, David G.  Trade liberalization
            and endogenous growth in a small open economy: a            
            quantitative assessment.  51p.                              
     61/99  Spagnolo, Giancarlo.  Multimarket contact, concavity and    
            collusion.  27p.                                            
     67/99  Vermulst, Edwin.  Competition and anti-dumping: continued   
            peaceful co-existence?  22p.                               

     FEDERAL RESERVE BANK OF ATLANTA.  Research Department.             

     9915   Chang, Roberto & Velasco, Andres.  Liquidity crises in      
            emerging markets: theory and policy.  74p.                  
     9914   Dwyer, Gerald P. & Williams, K.B.  Portable random number   
            generators.  43p.                                           
     9913   Robertson, John C. & Tallman, Ellis W.  Prior parameter     
            uncertainty: some implications for forecasting and policy   
            analysis with VAR models.  32p.                             

     FEDERAL RESERVE BANK OF CHICAGO.  Research Department.             

     9916   Chakravorti, Sujit & To, Ted.  A theory of merchant credit  
            card acceptance.  22p.                                      
     9915   Zhou, Ruilin.  Does commodity money eliminate the           
            indeterminancy of equilibria?  15p.                        

     FEDERAL RESERVE BANK OF DALLAS.  Research Department.              

     9908   Brown, Stephan P.A. & Saving, Jason L.  Autocracy,          
            democracy, bureaucracy, or monopoly: can you judge a        
            government by its size?  23p.                              
     9907   Guzman, Mark G.  Bank structure, capital accumulation and   
            growth: a simple macroeconomic model.  34p.                 

     FEDERAL RESERVE BANK OF PHILADELPHIA.  Economic Research Division. 

     9915   Croushore, Dean & Stark, Tom.  Does data vintage matter for 
            forecasting?  45p.                                         
     9916   Dedola, Luca & Leduc, Sylvain.  On exchange rate regimes,   
            exchange rate fluctuations, and fundamentals.  33p.         
     9917   Eudey, Gwen & Perli, Roberto.  Regime-switching in          
            expectations over the business cycle.  28p.                 

     FEDERAL TRADE COMMISSION.  Bureau of Economics.                    

     228    Thomas, Charles J.  The effect of asymmetric entry costs on 
            Bertrand competition.  21p.                                 

     HEBREW UNIV. Center for Rationality & Interactive Decision Theory. 

     204    Goren, Harel & Bornstein, Gary.  The effects of intra-group 
            communication on intergroup cooperation in the repeated     
            intergroup prisoner's dilemma game.  37p.                     
     205    Haimanko, Ori.  Cost sharing in nondifferentiable problems. 
            16p.                                                        

     UNIVERSITY OF ICELAND.  Faculty of Economics & Business Admin.     

     9911   Herbertsson, Trygvvi T. & Orszag, J. Michael.  Issues in    
            European pension reforms: supplementary pensions.  25p.     
     9912   Herbertsson, Trygvvi T., Orszag, J. Michael & Orszag, Peter 
            R.  Population dynamics and convergence in fertility rates. 
            18p.                                                        

     INSTITUT NATIONAL DE LA STATISTIQUE ET DES ETUDES ECONOMIQUES.     

     9939   Beaudry, P., Cahuc, P. & Kempf, H.  Is it harmful to allow  
            partial cooperation?  17p.                                 
     9943   Butucea, Cristina.  Two adaptive rates of convergence in    
            pointwise density estimation.  28p.                         
     9942   Butucea, Cristina & Neumann, M.H.  Exact asymptotics for    
            nonparametric density estimation from dependent data.  36p. 
     9938   Cahuc, P. & Zylberberg, A.  Job protection, minimum wage and
            unemployment.  25p.                                         
     9941   Carrasco, Marine & Chen, Xiaohong.  Beta mixing and moment  
            properties of various GARCH, stochastic volatility, and ACD 
            models.  26p.                                               
     9944   Gourieroux, C. & Jasiak, J.  Nonlinear innovations and      
            impulse responses.  42p.                                    
     9945   Pommeret, Denys.  Orthogonal and pseudo-orthogonal          
            multidimensional Appell polynomials.  16p.                  

     LONDON SCHOOL OF ECONOMICS.  Financial Markets Group.              

     334    Bhattacharya, Sudipto & Nicodano, Giovanna.  Insider        
            trading, investment, and liquidity: a welfare analysis.     
            31p.                                                        
     331    Black, Jane & Tonks, Ian.  Time series of commodity futures 
            prices.  25p.                                               
     332    Friedrich, Sylvain, et al.  Stock price patterns around the 
            trades of corporate insiders on the London Stock Exchange.  
            38p.                                                        
     333    Nier, Erland.  Equity finance, adverse selection and product
            market competition.  45p.                                   

     UNIVERSITY OF MARYLAND.  Department of Economics.                  

     9904   Betancourt, Roger R.  Cuba's economic "reforms": waiting for
            Fidel on the eve of the twenty-first century.  13p.         
     9906   Oates, Wallace E.  Fiscal competition and European Union:   
            contrasting perspectives.  23p.                             
     9905   Sakellaris, Plutarchos & Spilimbergo, Antonio.  Business    
            cycles and investment in human capital: international       
            evidence on higher education.  40p.                         

     UNIVERSITY OF MELBOURNE.  Department of Economics.                 

     723    Brooks, Chris & Henry, Olan T.  Can portmanteau nonlinear   
            tests serve as general mis-specification tests?: evidence   
            from symmetric and asymmetric GARCH models.  12p.           
     724    Gangadharan, Lata & Maitra, Pushkar.  Testing for son       
            preference in South Africa.  53p.                           
     720    Henry, Olan T.  Changes in regime and the long run Fisher   
            effect: a threshold cointegration analysis.  29p.           
     719    Henry, Olan T. & Olekalns, Nilss.  A comment on "Wage growth
            and the inflation process: a multivariate cointegration     
            analysis.".  17p.                                           
     725    Moenjak, Thammarak.  Education and employment sector        
            outcome: the case of vocational education in Thailand.  36p.
     721    Olekalns, Nilss.  Sustainability and stability?: Australian 
            fiscal policy in the 20th century.  22p.                    
     722    Wilkins, Roger.  Immigrant and native-born wage             
            distributions in Australia, 1982-1996.  35p.                
     718    Henry, Olan T.  Are shocks to inflation infinitely          
            persistent?  20p.                                          
     717    Brooks, Chris, Henry, Olan T. & Persand, Gita.  Optimal     
            hedging and the value of news.  29p.                        
     715    Dixon, Robert.  The origin of the term "dismal science" to  
            describe economics.  9p.                                    
     716    Hirschberg, Joe & Lye, Jenny.  The interpretation of        
            multiple dummy variable coefficients: an application to     
            industry effects in wage equations.  17p.                   

     MICHIGAN STATE UNIVERSITY.  Department of Economics.               

     9901   Im, Kyung So & Schmidt, Peter.  More efficient estimation   
            under non-normality when higher moments do not depend on the
            regressors, using residual-augmented least squares.  29p.   
     9900   Lau, Sau-Him Paul.  Is there endogenous long-run growth?:   
            evidence based on an error correction model.  32p.          

     MONASH UNIVERSITY.  Department of Economics.                       

     6/99   Goss, Barry A. & Avsar, S. Gulay.  Efficiency and liquidity 
            in the electricity market: a preliminary analysis.  22p.    
     3/99   Ng, Yew-Kwang & Wang, Jianguo.  Attitude choice, economic   
            change, and welfare.  18p.                                  
     4/99   Pillarisetti, J. Ram.  Economic reform, overlapping property
            rights, and polarisation in the real estate market.  20p.   
     5/99   Pillarisetti, J. Ram & McGillivray, Mark.  Economic reform, 
            growth and inequality in human development in transitional  
            economies.  21p.                                            
     2/99   Shi, Heling.  Division of labor, coordination, and          
            underemployment.  27p.                                      
     1/99   Smyth, Russell.  Should China be promoting large-scale      
            enterprises and enterprise groups?  50p.                   

     UNIVERSITY OF MUNICH.  Center for Economic Studies.                

     194    Buttner, Thiess.  Determination of tax rates in local       
            capital income taxation: a theoretical model and evidence   
            from Germany.  27p.                                         
     193    Edwards, Jeremy S.S. & Weichenrieder, Alfons J.  Ownership  
            concentration and share valuation: evidence from Germany.   
            33p.                                                        
     197    Fenge, Robert & von Weizsacker, Jakob.  To what extent are  
            public pensions Pareto-improving?: on the interaction of    
            means tested basic income and public pensions.  23p.        
     196    Schneider, Freidrich & Enste, Dominik.  Shadow economies    
            around the world: size, causes, and consequences.  57p.     
     192    Sinn, Hans-Werner.  The competition between competition     
            rules.  34p.                                                
     191    Sinn, Hans-Werner.  The crisis of Germany's pension         
            insurance system and how it can be resolved.  26p.          
     195    Sinn, Hans-Werner.  Pension reform and demographic crisis:  
            why a funded system is needed and why it is not needed.     
            29p.                                                        

     NATIONAL BUREAU OF ECONOMIC RESEARCH.  Working Papers.             

     7385   Abraham, Jean, et al.  Enter at your own risk: HMO          
            participation and enrollment in the Medicare risk market.   
            41p.                                                        
     7352   Acemoglu, Daron & Shimer, Robert.  Productivity gains from  
            unemployment insurance.  35p.                               
     7398   Aizenman, Joshua.  Capital controls and financial crises.   
            22p.                                                        
     7389   Aizenman, Joshua & Marion, Nancy.  Uncertainty and the      
            disappearance of international credit.  32p.                
     7387   Alesina, Alberto, Danninger, Stephen & Rostagno, Massimo V. 
            Redistribution through public employment: the case of Italy.
             46p.                                                       
     7370   Baker, Michael & Solon, Gary.  Earnings dynamics and        
            inequality among Canadian men, 1976-1992: evidence from     
            longitudinal income tax records.  70p.                      
     7371   Baker, Michael & Fortin, Nicole M.  Occupational gender     
            composition and wages in Canada: 1987-1988.  40p.           
     7372   Bernheim, B. Douglas, et al.  The adequacy of life          
            insurance: evidence from the Health and Retirement Survey.  
            52p.                                                        
     7378   Blonigen, Bruce A. & Haynes, Stephen E.  Antidumping        
            investigations and the pass-through of exchange rates and   
            antidumping duties.  47p.                                   
     7365   Bordo, Michael D. & Jonung, Lars.  The future of EMU: what  
            does the history of monetary unions tell us?  40p.         
     7406   Brav, Alon, Constantinides, George M. & Geczy, Christopher  
            C.  Asset pricing with heterogeneous consumers and limited  
            participation: empirical evidence.  48p.                    
     7355   Cabellero, Ricardo J. & Hammour, Mohamad L.  The cost of    
            recessions revisited: a reverse-liquiditionist view.  37p.  
     7374   Cappelli, Peter & Neumark, David.  Do "high performance"    
            work practices improve establishment level outcomes?  64p. 
     7399   Case, Anne & Yogo, Motohiro.  Does school quality matter?:  
            returns to education and the characteristics of schools in  
            South Africa.  42p.                                         
     7401   Case, Anne, Lin, I-Fen & McLanahan, Sara.  How hungry is the
            selfish game?  31p.                                        
     7377   Chacko, George & Viceira, Luis M.  Dynamic consumption and  
            portfolio choice with stochastic volatility in incomplete   
            markets.  56p.                                              
     7417   Cheung, Yin-Wong & Chinn, Menzie D.  Macroeconomic          
            implications of the beliefs and behavior of foreign exchange
            traders.  38p.                                              
     7408   Cheung, Yin-Wong, Chinn, Menzie D. & Fujii, Eiji.  Market   
            structure and the persistence of sectoral real exchange     
            rates.  44p.                                                
     7416   Cheung, Yin-Wong & Chinn, Menzie D.  Traders, market        
            microstructure and exchange rate dynamics.  27p.            
     7359   Cockburn, Iain M., Henderson, Rebecca & Stern, Scott.  The  
            diffusion of science-driven drug discovery: organizational  
            change in pharmaceutical research.  52p.                    
     7390   Cutler, David M. & Meara, Ellen.  The technology of birth:  
            is it worth it?  49p.                                      
     7373   David, Paul A., Hall, Bronwyn H. & Tool, Andre A..  Is      
            public R & D a complement or substitute for private R & D?: 
            a review of the econometric evidence.  63p.                 
     7386   Della Paolera, Gerardo & Taylor, Alan M.  Internal versus   
            external convertibility and developing-country financial    
            crises: lessons from the Argentine Bank bailout of the 1930s. 
	    31p.           
     7382   Devereux, Michael B., Engel, Charles & Tille, Cedric.       
            Exchange rate pass-through and the welfare effects of the   
            Euro.  57p.                                                 
     7413   Edwards, Sebastian.  How effective are capital controls?   
            39p.                                                        
     7379   Fuchs, Victor R.  The future of health economics.  29p.     
     7407   Galenson, David W.  Quantifying artistic success: ranking   
            French painters -- and paintings -- from Impressionism to   
            Cubism.  44p.                                               
     7356   Gerschberg, Alec I., Grossman, Michael & Goldman, Fred.     
            Competition and the cost of capital revisited: special      
            authorities and underwriters in the market for tax-exempt   
            hospital bonds.  23p.                                       
     7362   Gokhale, Jagadeesh & Kotlikoff, Laurence J.  Social         
            Security's treatment of postwar Americans: how bad can it   
            get?  75p.                                                 
     7368   Gustman, Alan L. & Steinmeier, Thomas L.  What people don't 
            know about their pensions and Social Security: an analysis  
            using linked data from the Health and .  74p.               
     7388   Hart, Oliver & Moore, John.  On the design of hierarchies:  
            coordination versus specialization.  52p.                   
     7358   Henderson, Vernon.  Marshall's scale economies.  54p.       
     7360   Holtz-Eakin, Douglas, Phillips, John W. & Rosen, Harvey S.  
            Estate taxes, life insurance, and small business.  36p.     
     7376   Hong, Harrison & Stein, Jeremy C.  Differences of opinion,  
            rational arbitrage and market crashes.  44p.                
     7380   Hurd, Michael D. & Smith, James P.  Anticipated and actual  
            bequests.  36p.                                             
     7402   Janeba, Eckhard & Wilson, John D.  Tax competition and trade
            protection.  24p.                                           
     7375   Jones, Charles I.  Was an industrial revolution inevitable?:
            economic growth over the very long run.  48p.               
     7369   Keller, Wolfgang & Levinson, Arik.  Environmental compliance
            costs and foreign direct investment inflows to U.S. states. 
            41p.                                                        
     7361   Kho, Bong-Chan & Stulz, Rene M.  Banks, the IMF, and the    
            Asian crisis.  43p.                                         
     7384   Klein, Michael & Olivei, Giovanni.  Capital account         
            liberalization, financial depth, and economic growth.  42p. 
     7396   Lamont, Owen A. & Polk, Christopher.  The diversification   
            discount: cash flows vs. returns.  45p.                     
     7403   La Porta, Rafael, et al.  Investor protection and corporate 
            valuation.  41p.                                            
     7419   Lazear, Edward P.  Output-based pay: incentives or sorting?
             37p.                                                       
     7357   Lipsey, Robert E.  Foreign production by U.S. firms and     
            patent firm employment.  32p.                               
     7395   McCallum, Bennett T.  Analysis of the monetary transmission 
            mechanism: methodological issues.  48p.                     
     7393   McCallum, Bennett T.  Theoretical issues pertaining to      
            monetary unions.  31p.                                      
     7383   Mehay, Stephen L. & Pacula, Rosalie L.  The effectiveness of
            workplace drug prevention policies: does `zero tolerance'   
            work?  83p.                                                
     7363   Meyer, Bruce D. & Rosenbaum, Dan T.  Welfare, the earned    
            income tax credit, and the labor supply of single mothers.  
            65p.                                                        
     7381   Mitchell, Olivia S.  New trends in pension benefit and      
            retirement provisions.  65p.                                
     7405   Mocan, H. Naci & Rees, Daniel I.  Economic conditions,      
            deterrence and juvenile crime: evidence from micro data.    
            50p.                                                        
     7411   O'Rourke, Kevin H. & Williamson, Jeffrey G.  The            
            Hecksher-Ohlin model between 1400 and 2000: when it         
            explained factor price convergence, when it did not.  64p.  
     7392   Poterba, James M. & Samwick, Andrew A.  Taxation and        
            household portfolio composition: U.S. evidence from the     
            1980s and 1990s.  51p.                                      
     7404   Prusa, Thomas J.  On the spread and impact of antidumping.  
            27p.                                                        
     7400   Razin, Assaf, Sadka, Efraim & Yuen, Chi-Wa.  Excessive      
            foreign direct investment flows under asymmetric            
            information.  28p.                                          
     7354   Rigobon, Roberto.  On the measurement of the international  
            propagation of shocks.  46p.                                
     7364   Rodrik, Dani & Velasco, Andres.  Short-term capital flows.  
            41p.                                                        
     7366   Saez, Emmanuel.  Do taxpayers bunch at kink points?  47p.  
     7367   Saez, Emmanuel.  The effect of marginal tax rates on income:
            a panel study of `bracket creep'.  46p.                     
     7410   Stern, Scott.  Do scientists pay to be scientists?  52p.   
     7412   Tauras, John A.  The transition to smkoing cessation:       
            evidence from multiple failure duration analysis.  34p.     
     7394   Taylor, Alan M.  Latin America and foreign capital in the   
            twentieth century: economics, politics and institutional    
            change.  23p.                                               
     7409   Viceira, Luis M.  Optimal portfolio choice for long-horizon 
            investors with nontradable labor income.  47p.              
     7391   Waldfogel, Joel.  Preference externalities: an empirical    
            study of who benefits whom in differentiated product        
            markets.  47p.                                              

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

     1270   Austen-Smith, David.  Redistributing income under           
            proportional representation.  39p.                          
     1267   Diermeier, Daniel & Merlo, Antonio.  An empirical           
            investigation of coalitional bargaining procedures.  25p.   
     1276   Doraszelski, Ulrich, Gerardi, Dino & Squintani, Francesco.  
            Deliberations with double-sided information.  50p.          
     1264   Ely, Jeffrey C. & Valimaki, Juuso.  A robst folk theorem for
            the prisoner's dilemma.  22p.                               
     1266   Kalai, Adam & Kalai, Ehud.  Strategic polarization.  6p.    
     1271   Saari, Donald G. & SIeberg, Katri K.  Some surprising       
            properties of power indices.  19p.                          
     1272   Solan, Eilon & Vohra, Rakesh V.  Correlated equilibrium,    
            public signalling and absorbing games.  52p.                
     1268   Squintani, Francesco.  Enforceable contracts under          
            generalized information of the court.  16p.                 
     1273   Squintani, Francesco.  Games with small forgetfulness.  47p.
     1269   Squintani, Francesco.  Moral hazard, renegotiation and      
            forgetfulness.  25p.                                        
     1274   Squintani, Francesco.  On-the-job signalling and            
            self-confidence.  41p.                                      
     1275   Squintani, Francesco & Valimaki, Juuso.  Imitation and      
            experimentation in contests.  34p.                          

     NORWEGIAN SCHOOL OF ECONOMICS & BUSINESS ADMINISTRATION.           

     21/99  Klovland, Jan Tore.  Accounting for productivity growth in  
            Norwegian manufacturing industries, 1927- 1959.  53p.       
     20/99  Tungodden, Bertil.  Hammond equity: a generalization.  19p. 

     OHIO STATE UNIVERSITY.  Department of Economics.                   

     9915   Dunn, Lucia F. & Kim, TaeHyung.  An empirical investigation 
            of credit card default: Ponzi schemes and other behaviors.  
            19p.                                                        
     9916   Glass, Amy J., Kosteas, Vasilios D. & Saggi, Kamal.         
            Linkages, multinationals, and industrial development.  24p. 
     9918   Nygren, Kjell.  Belief-updating and information revelation  
            in a two-period model.  25p.                                
     9917   Nygren, Kjell.  Generic full information revelation and     
            finiteness of equilibria in Bayesian games.  22p.           

     UNIVERSITY OF OTTAWA.  Department of Economics.                    

     9906   Coulombe, Serge & Tremblay, Jean-Francois.  Human capital   
            and regional convergence in Canada.  37p.                   

     UNIVERSITY OF OXFORD.  Nuffield College.                           

     9921   Myatt, David P.  A new theory of strategic voting.  58p.    

     UNIVERSITAT POMPEU FABRA.  Economics Working Papers.               

     275    Aragones, Enriqueta.  Negativity effect in multiparty       
            electoral competition.  26p.                                
     302    Bertsimas, Dimitris & Nino-Mora, Jose.  Optimization of     
            multiclass queueing networks with changeover times via the  
            achievable region approach, part 1: the single-station case. 
	    31p.             
     301    Bertsimas, Dimitris & Nino-Mora, Jose.  Restless bandits,   
            linear programming relaxations and a primal-dual index      
            heuristic.  19p.                                            
     300    Cabrales, Antonio, Charness, Gary & Corchon, Luis C.  An    
            experiment on Nash implementation.  41p.                    
     306    Dacre, Marcus, Glazebrook, Kevin & Nino-Mora, Jose.  The    
            achievable region approach to the optimal control of        
            stochastic systems.  35p.                                   
     271    Garcia Blandon, Josep.  The choice of the form of           
            representation in multinational banking: evidence from      
            Spain.  22p.                                                
     270    Gil, Angel J., Capdevila, Carles & Arcas, Antoni.  On the   
            efficiency and sensitivity of a pyramidal classification    
            algorithm.  20p.                                            
     275    Herrero, Carmen & Pinto, Jose Luis.  Comparison and         
            evaluation of states of health.  26p.                       
     303    Huang, Kevin X.D. & Werner, Jan.  Valuation bubbles and     
            sequential bubbles.  35p.                                   
     278    Lopez-Casasnovas, Guillem.  Cost containment in health care:
            the case of Spain from the eighties up to 1997.  37p.       
     265    Lopez-Casasnovas, Guillem & Saez, Marc.  Finance versus     
            costs for teaching hospitals in Spain.  26p.                
     304    Ramalhinho Lourenco, Helen, Pinto Paixao, Jose & Portugal,  
            Rita.  Metaheuristics for the bus driver scheduling problem.
             26p.                                                       
     272    Sanchez, Gabriel.  Lobbying, innovation and protectionist   
            cycles.  43p.                                               
     305    Spoerer, Mark.  Window-dressing in German interwar balance  
            sheets.  24p.                                               

     PRINCETON UNIVERSITY.  Industrial Relations Section.               

     424    Krueger, Alan B.  From Bismarck to Maastricht: the march to 
            European Union and labor compact.  28p.                     

     PRINCETON UNIVERSITY.  International Finance Section-Studies.      

     86     Prati, Alessandro & Schinasi, Garry J.  Financial stability 
            in European Economic and Monetary Union.  111p.             

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

     1125   Amaldoss, Wilfred, et al.  Collaborating to compete: a game 
            theoretic model and experimental investigation of the effect
            of profit sharing arr.  45p.                                
     1126   Amaldoss, Wilfred, et al.  Appendices for "Collaborating to 
            Compete".  53p.                                             
     1124   Camera, Gabriele.  Dirty money.  39p.                       

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

     49     de Cecco, Marcello.  The lender of last resort.  22p.       

     UNIVERSITY OF STOCKHOLM.  Department of Economics.                 

     9914   Arai, Mahmood, Billot, Antoine & Lanfranchi, Joseph.        
            Learning by helping: a bounded rationality model of         
            mentoring.  27p.                                            
     9910   Boschini, Anne.  Skills, franchise and industrialization.   
            48p.                                                        
     9915   Carlen, Bjorn.  Large country effects in international      
            emissions trading: a laboratory test.  48p.                 
     99-9   Hackner, Jonas.  A note on price and quantity competition in
            differentiated oligopolies.  8p.                            
     9916   Voorneveld, Mark.  Random games and maximum likelihood      
            equilibria.  15p.                                           
     9912   Voorneveld, Mark, Grahn, Sofia & Dufwenberg, Martin.  Ideal 
            equilibria in noncooperative multicriteria games.  17p.     

     TEL-AVIV UNIVERSITY.  Eitan Berglas School of Economics.           

     30/99  Gilboa, Itzhak & Schmeidler, David.  Cognitive foundations  
            of probability.  46p.                                       
     29/99  Gilboa, Itzhak & Schmeidler, David.  Inductive inference: an
            axiomatic approach.  32p.                                   
     27/99  Razin, Assaf, Sadka, Efraim & Yuen, Chi-Wa.  Excessive      
            foreign direct investment flows under asymmetric            
            information.  28p.                                          
     28/99  Sulganik, Eyal & Zilcha, Itzhak.  The choice of acquiring   
            medical information in life insurance markets.  21p.        

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