New Acquisitions - February, 1995

                                                           PAGE   1


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

     9417   Corchon, Luis & Wilkie, Simon.  Computers, productivity and 
            market structure.  20p.                                     
     9416   Corchon, Luis & Gonzalez-Maestre, Miguel.  The importance of
            fixed costs in the design of trade policies: an exercise in 
            the theory of second best.  32p.                            
     9415   Herrero, Carmen.  Bargaining with reference points:         
            bargaining with claims: egalitarian solutions reexamined.   
            24p.                                                        

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

     45     Eichengreen, Barry, Tobin, James & Wyplosz, Charles.  Two   
            cases for sand in the wheels of international finance.  20p.
     44     Obstfeld, Maurice & Rogoff, Kenneth.  The intertemporal     
            approach to the current account.  75p.                      

     UNIVERSITY OF CALIFORNIA-SAN DIEGO.  Department of Economics.      

     9429   Bagwell, Kyle, Ramey, Garey & Spulber, Daniel F.  Dynamic   
            retail price and investment competition.  32p.              
     9418   Betts, Julian R.  The skill bias of technological change in 
            Canadian manufacturing industries.  40p.                    
     9421   Chen, Xiaohong & White, Halbert.  Nonparametric adaptive    
            learning with feedback.  43p.                               
     9417   Christiano, Lawrence J. & Den Haan, Wouter.  Small sample   
            properties of GMM for business cycle analysis.  60p.        
     9430   Den Haan, Wouter J. & Levin, Andrew.  Inference from        
            parametric and non-parametric covariance matrix estimation  
            procedures.  42p.                                           
     9428   Elliott, Graham.  Efficient tests for a unit root when the  
            initial observation is drawn from its unconditional         
            distribution.  48p.                                         
     9427   Engle, Robert F. & Russell, Jeffrey R.  Forecasting         
            transaction rates: the autoregressive conditional duration  
            model.  46p.                                                
     9425   Engle, Robert F. & Rosenberg, Joshua.  Hedging options in a 
            GARCH environment: testing the term structure of stochastic 
            volatility models.  35p.                                    
     9419   Granger, C.W.J. & Ding, Zhuanxin.  Stylized facts on the    
            temporal and distributional properties of daily data from   
            speculative markets.  28p.                                  
     9424   Hamilton, James D.  Rational expectations and the economic  
            consequences of changes in regime.  31p.                    
     9422   Macho-Stadler, Ines & Perez-Castrillo, J. David.  Optimal   
            auditing with heterogeneous income sources.  28p.           
     9423   Najberg, Sheila & Ramey, Garey.  Bargains and ripoffs in an 
            inflationary economy.  47p.                                 
     9426   Satchell, Steve & Timmermann, Allan.  On the optimality of  
            adaptive expectations: Muth revisited.  18p.                
     9420   Watson, Joel.  Strategy perturbations in repeated games as  
            rules of thumb.  23p.                                       




                                                           PAGE   2


     UNIVERSITY OF CAMBRIDGE.  Department of Applied Economics.         

     200    Anderlini, Luca & Felli, Leonardo.  Endogenous agency       
            problems.  32p.                                             
     201    Baliga, Sandeep.  The not-so-secret agent: professional     
            monitors, hierarchies and implementation.  23p.             
     202    Gottardi, Piero & Hens, Thorsten.  The survival assumption  
            and existence of competitive equilibria when asset markets  
            are incomplete.  25p.                                       

     BANK OF CANADA.  Technical Reports.                                

     72     Black, Richard, et al.  The Bank of Canada's new quarterly  
            projection model, part 1: the steady-state model:SSQPM.     
            95p.                                                        
     71     Macklem, R. Tiff.  Wealth, disposable income and            
            consumption: some evidence for Canada.  67p.                

     UNIVERSIDAD CARLOS III de MADRID.  Dept. de Economia.              

     9440   de la Croix, David & Licandro, Omar.  Irreversibility,      
            uncertainty and underemployment equilibria.  15p.           
     9435   Herves, Carlos & Moreno, Emma.  Strategic equilibrium in    
            economies with a continuum of agents.  6p.                  
     9441   Kujal, Praveen.  A proof of first-order stochastic dominance
            for quantity constrained oligopolies.  11p.                 
     9423   Moreno, Diego.  Strategy-proof allocation mechanisms for    
            economies with public goods.  15p.                          
     9424   Moreno, Diego.  Strategy-proof mechanisms with monotonic    
            preferences: the case of pre public goods economies.  15p.  

     (ENGLAND) CENTRE FOR ECONOMIC POLICY RESEARCH.                     

     1092   Bean, Charles & Crafts, Nicholas F.R.  British economic     
            growth since 1945: relative economic decline..and           
            renaissance?.  53p.                                         
     1087   Crafts, Nicholas F.R. & Mills, Terence C.  Europe's golden  
            age: an econometric investigation of changing trend rates in
            growth.  29p.                                               
     1083   Dumas, Bernard.  Short and long term hedging for the        
            corporation.  35p.                                          
     1090   Flood, Robert P. & Rose, Andrew K.  Fixes: the forward      
            discount puzzle.  11p.                                      
     1018   Snower, Dennis J.  What is the domain of the welfare state?.
             33p.                                                       
     1093   Winkelmann, Liliana & Winkelmann, Rainer.  Unemployment:    
            where does it hurt?.  22p.                                  

     UNIVERSITY OF ESSEX.  Department of Economics.                     

     435    Lahiri, Sajal & Ono, Yoshiyasu.  Asymmetric oligopoly,      
            international trade and welfare: a synthesis.  19p.         
     433    Lahiri, Sajal & Raimondos, Pascalis.  Competition for aid   
            and trade policy.  14p.                                     



                                                           PAGE   3

     434    Lahiri, Sajal & Raimondos, Pascalis.  Tying of aid to trade 
            policy reform and welfare.  16p.                            
     436    Schoeb, Ronnie.  Environmental levies and distortionary     
            taxation: environmental view vs. public finance view.  8p.  

     THE MAURICE FALK INSTITUTE FOR ECONOMIC RESEARCH IN ISRAEL.        

     9407   Beenstock, Michael.  The spatio-economic dimension of       
            immigrant absorption: Israel, 1969-72.  29p.                

     FEDERAL RESERVE BANK OF ATLANTA.  Research Department.             

     9416   Espinosa, Marco & Russell, Steven.  A welfare rationale for 
            multiple reserve requirements.  49p.                        
     9412   Moen, Jon R. & Tallman, Ellis W.  Clearinghouse access and  
            bank runs: trust companies in New York and Chicago during   
            the panic of 1907.  22p.                                    
     9417   Noe, Thomas H. & Smith, Stephen D.  Contractual opportunism,
            limited liability, and the role of financial coalitions.    
            39p.                                                        

     FEDERAL RESERVE BANK OF CHICAGO.  Research Department.             

     9422   Bekaert, Geert, Hodrick, Robert J. & Marshall, David A.  The
            implications of first-order risk aversion for asset market  
            risk premiums.  44p.                                        
     9424   Friedman, Benjamin M. & Kuttner, Kenneth N.  Indicator      
            properties of the paper-bill spread: lessons from recent    
            experience.  34p.                                           
     9420   Marcet, Albert & Marshall, David A.  Solving nonlinear      
            rational expectations models by parameterized expectations: 
            convergence to stationary solutions.  56p.                  
     9423   Marshall, David A.  Asset return volatility with extremely  
            small costs of consumption adjustment.  48p.                
     9421   Marshall, David A. & Parekh, Nayam G.  The effect of costly 
            consumption adjustment on asset price volatility.  28p.     

     FEDERAL RESERVE BANK OF KANSAS CITY.  Research Division.           

     9409   Roley, V. Vance & Bonser-Neal, Catherine.  Are Japanese     
            interest rates too stable?.  45p.                           
     9408   Roley, V. Vance & Wheatley, Simon M.  Time series variation 
            in the interest rate response to money announcements: a     
            re-examinzation of the evidence.  32p.                      

     FEDERAL RESERVE BANK OF MINNEAPOLIS.  Research Department.         

     185    Fernandez, Raquel & Rogerson, Richard.  On the political    
            economy of education subsidies.  27p.                       
     186    Rupert, Peter, Rogerson, Richard & Wright, Randall.         
            Estimating substitution elasticities in household production
            models.  27p.                                               

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

     97     Benhabib, Jess & Velasco, Andres.  On the economics of      
            fiscal populism in an open economy.  31p.                   

                                                           PAGE   4


     FEDERAL RESERVE BANK OF PHILDELPHIA.  Economic Research Division.  

     9423   Carlino, Gerald & DeFina, Robert.  Does monetary policy have
            differential regional effects?.  25p.                       
     9425   Chatterjee, Satyajit & Corbae, Dean.  Money and finance in a
            model of costly commitment.  44p.                           
     9424   Hopper, Gregory P.  Time-varying consumption betas and the  
            foreign exchange market.  19p.                              

     FEDERAL RESERVE BOARD.  Finance & Economics Discussion Series.     

     9429   Lumpkin, Stephen A. & O'Brien, James M.  Thrift stock       
            returns and balance sheet interest rate sensitivity.  52p.  

     FEDERAL RESERVE BOARD.  International Finance Papers.              

     494    Ahmed, Shaghil & Rogers, John H.  Government budget deficits
            and trade deficits: are present value constraints satisfied 
            in long term data?.  27p.                                   
     492    Bowman, David, Minehart, Deborah & Rabin, Matthew.  Loss    
            aversion in a consumption/savings model.  35p.              
     496    Dekle, Robert.  Saving-investment association and capital   
            mobility on the evidence from Japanese regional data.  25p. 
     491    Mendoza, Enrique G.  Terms-of-trade uncertainty and economic
            growth: are risk indicators significant in growth           
            regressions?.  38p.                                         
     495    Rogers, John H.  Convertibility risk, default risk, and the 
            Mexdollar anomaly.  10p.                                    
     493    Rogers, John H.  Real shocks and real exchange rates in     
            really long-term data.  38p.                                
     490    Stevens, Guy V.G.  Politics, economics, and investment:     
            explaining plant & equipment spending by U.S. direct        
            investors in Argentina, B.  53p.                            

     FEDERAL TRADE COMMISSION.  Bureau of Economics.                    

     208    Grawe, Oliver, Howarth, Dolly & Morkre, Morris.  Did        
            depreciation of the dollar render the steel voluntary       
            restraint agreement nonbinding?.  63p.                      
     209    Simpson, John.  When does new entry deter collusion?.  17p. 

     HEBREW UNIV. Center for Rationality & Interactive Decision Theory. 

     57     Aumann, Robert & Brandenberger, Adam.  Epistemic conditions 
            for Nash equilibrium.  22p.                                 
     52     Balkenborg, Dieter.  Strictness and evolutionary stability. 
            45p.                                                        
     58     Einy, Ezra, Holzman, Ron & Shitovitz, Benyamin.  Core and   
            stable sets of large games arising in economics.  18p.      
     53     Hart, Sergiu & Monderer, Dov.  Potentials and weighted      
            values of non-atomic games.  21p.                           
     56     Krisha, Vijay & Morgan, John.  An anaysis of the war of     
            attrition and the all-pay auction.  31p.                    




                                                           PAGE   5

     54     Ma, Jinpeng.  Infinitely repeated rental model with         
            incomplete information.  9p.                                
     55     Ma, Jinpeng.  Stable matchings and rematching-proof         
            equilibria in a two-sided matching market.  32p.            

     HOOVER INSTITUTION.  Domestic Studies Program.                     

     94-4   Attanasio, Orazio P.  The intertemporal allocation of       
            consumption: theory and evidence.  48p.                     
     94-2   Attanasio, Orazio P. & Weber, Guglielmo.  Is consumption    
            growth consistent with intertemporal optimization? evidence 
            from the Consumer Expenditure Survey.  30p.                 
     94-3   Attanasio, Orazio P. & Davis, Steven J.  Relative wage      
            movements and the distribution of consumption.  56p.        
     94-7   Glaeser, Edward L.  Economic growth and urban density: a    
            review essay.  33p.                                         
     94-8   Glaeser, Edward L.  The incentive effects of property taxes 
            on local governments.  24p.                                 
     94-6   Matsusaka, John G.  Fiscal effects of direct legislation:   
            evidence from the last 30 years.  37p.                      
     94-9   Matsusaka, John G. & Nanda, Vikram.  A theory of the        
            diversified firm, refocusing, and divestiture.  28p.        
     94-5   Rosen, Sherwin.  Managerial compensation, control and       
            investment.  19p.                                           

     INSTITUT NATIONAL DE LA STATISTIQUE ET DES ETUDES ECONOMIQUES.     

     9460   Deaton, A. & Laroque, G.  Competitive storage and commodity 
            price dynamics.  36p.                                       
     9457   Dupuis, J.A.  Bayesian test of homogeneity for Markov chains
            with missing data by Kullback proximity.  21p.              
     9459   Gourieroux, C. & Jouneau, F.  Efficiency fitted portfolios. 
            51p.                                                        
     9456   Leblanc, F.  Estimation of the marginal density of a        
            continuous time stochastic process by wavelets and an       
            application to diffus.  30p.                                
     9458   Magnac, T., Robin, J.M. & Visser, M.  Analysing incomplete  
            individual employment histories using indirect inference.   
            22p.                                                        

     IOWA STATE UNIVERSITY.  Department of Economics.                   

     28r    Kalaba, Robert & Tesfatsion, Leigh.  A multi-criteria       
            approach to model specification and estimation.  30p.       

     LONDON SCHOOL OF ECONOMICS.  Financial Markets Group.              

     199    Chemla, Gilles.  Implicit contracts, optimal union power and
            takeovers.  45p.                                            
     198    Perotti, Enrico C.  Collusive arrears in transition         
            economies.  47p.                                            
     197    Snell, Andy & Tonks, Ian.  Determinants of price quote      
            revisions on the London Stock Exchange.  36p.               
     196    Suarez, Javier.  Closure rules, market power and risk-taking
            in a dynamic model of bank behavior.  47p.                  



                                                           PAGE   6

     200    Webb, David C.  Liquidity shortages and inefficient bank    
            lending.  28p.                                              

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

     279    Hole, Alison & Keller, Godfrey.  Exploring a branching      
            structure: a bandit problem with correlated payoffs.  31p.  

     UNIVERSITY OF LONDON-BIRKBECK COLLEGE.  Department of Economics.   

     15/94  Snower, Dennis J.  Evaluating unemployment policies: what do
            the underlying theories tell us?.  50p.                     
     14/94  Snower, Dennis J.  The low-skill, bad-job trap.  20p.       
     16/94  Snower, Dennis J.  The simple economics of benefit          
            transfers.  40p.                                            

     UNIVERSITY COLLEGE LONDON.  Department of Economics.               

     9416   Chick, Victoria & Dow, Sheila C.  Competition and the future
            of the European banking and financial system.  32p.         
     9417   Menezes-Filho, Naercio A.  Unions and profitability over the
            80s: some evidence on union-firm bargaining in the U.K.     
            29p.                                                        
     9415   Van Reenan, John.  The creation and capture of rents: wages 
            and innovation in a panel of U.K. companies.  40p.          

     MONASH UNIVERSITY.  Department of Economics.                       

     21/94  Riches, Brendon.  Price wars and petroleum: a               
            "structure-conduct" analysis.  40p.                         
     20/94  Yang, Xiaokai.  An equilibrium model of hierarchy.  40p.    
     22/94  Yin, Xiangkang.  A micro-macroeconomic analysis of the      
            Chinese economy with imperfect competition.  30p.           

     UNIVERSITY OF MUNICH.  Center for Economic Studies.                

     71     Darby, Julia & Malley, Jim.  Fiscal policy and consumption: 
            new evidence from the United States.  25p.                  
     70     Gabrielsen, Tommy S. & Sorgard, Lars.  Vertical restraint   
            and interbrand competition.  29p.                           
     69     Gandolfo, Giancarlo, et al.  The Italian continuous time    
            model: results of the nonlinear estimation.  28p.           
     72     Maher, Maria E.  Transaction cost economics and contractual 
            relations.  39p.                                            
     73     Slade, Margaret E. & Thille, Henry.  Hotelling confronts    
            CAPM: a test of the theory of exhaustible resources.  40p.  
     68     Stein, Jerome L & Sauernheimer, Karlhans.  The real exchange
            rates of Germany.  51p.                                     

     UNIVERSITAT MUNCHEN.  Volkswirtschaftliche Fakultat.               

     9425   Albrecht, Barthold & Thum, Marcel.  Privatization, labour   
            participation, and the threat of bankruptcy: the case of    
            Poland.  17p.                                               




                                                           PAGE   7

     9419   Bauernfeind, Walter & Woitek, Ulrich.  Business cycles in   
            Germany 1339-1670: a spectral analysis of grain prices and  
            production in Nuremberg.  33p.                              
     9421   Gang, Ira N.  Small firms in India: a discussion of some    
            issues.  35p.                                               
     9422   Gangopadhyay, Shubhasis & Gang, Ira N.  Foreign investment  
            and control of transnational enterprises.  25p.             
     9423   Gehrels, Franz.  R & D as investment: theory and evidence   
            from U.S. and German pharmaceutical firms.  14p.            
     9420   Schmidt, Christoph.  Cohort sizez and unemployment: lessons 
            for Poland.  29p.                                           

     NATIONAL BUREAU OF ECONOMIC RESEARCH.  Working Papers.             

     4967   Aitken, Brian, Hanson, Gordon H. & Harrison, Ann E.         
            Spillovers, foreign investment, and export behavior.  40p.  
     4950   Altonji, Joseph G. & Dunn, Thomas A.  An intergenerational  
            model of wages, hours and earnings.  39p.                   
     4960   Anderson, Patricia M. & Meyer, Bruce D.  The effects of     
            unemployment insurance taxes and benefits on layoffs using  
            firm and individual data.  48p.                             
     4975   Baxter, Marianne & Crucini, Mario J.  Business cycles and   
            the asset stucture of foreign trade.  40p.                  
     4956   Besley, Timothy & Case, Anne.  Unnatural experiments?:      
            estimating the incidence of endogenous policies.  44p.      
     4945   Bjorklund, Anders & Freeman, Richard B.  Generating equality
            and eliminating poverty, the Swedish way.  72p.             
     4955   Borjas, George J.  The economic benefits from immigration.  
            28p.                                                        
     4988   Brock, William A. & LeBaron, Blake D.  A dynamic structural 
            model for stock return volatility and trading volume.  46p. 
     4953   Chipty, Tasneem & Witte, Ann D.  Economic effects of quality
            deregulations in the daycare industry.  11p.                
     4963   Dooley, Michael P.  A retrospective on the debt crisis.     
            50p.                                                        
     4966   Engle, Robert F. & Russell, Jeffrey R.  Forecasting         
            transaction rates: the autoregressive conditional duration  
            model.  45p.                                                
     4958   Engle, Robert F. & Rosenberg, Joshua.  Hedging options in a 
            GARCH environment: testing the term structure of stochastic 
            volatility models.  35p.                                    
     4949   Evans, William N. & Montgomery, Edward.  Education and      
            health: when there's smoke there's an instrument.  52p.     
     4947   Fishback, Price V. & Kantor, Shawn E.  Did workers pay for  
            the passage of workers' compensation laws?.  38p.           
     4943   Fishback, Price V. & Kantor, Shawn E.  Insurance rationing  
            and the origins of workers' compensation.  51p.             
     4957   Flood, Robert & Marion, Nancy.  The size and timing of      
            devaluations in capital-controlled developing economies.    
            25p.                                                        
     4969   Friedman, Benjamin M. & Kuttner, Kenneth N.  Indicator      
            properties of the paper-bill spread: lessons from recent    
            experience.  34p.                                           
     4952   Froot, Kenneth A. & Rogoff, Kenneth.  Perspectives on PPP   
            and long-run real exchange rates.  54p.                     



                                                           PAGE   8

     4971   Garber, Peter M. & Svensson, Lars E.O.  The operation and   
            collapse of fixed exchange rate regimes.  60p.              
     4954   Glaeser, Edward L. & Scheinkman, Jose A.  Neither a borrower
            nor a lender be: an economic analysis of interest           
            restrictions and usury laws.  55p.                          
     4941   Gruber, Jonathan & Kubik, Jeffrey D.  Disability insurance  
            rejection rates and the labor supply of older workers.  34p.
     4970   Hausman, Jerry A.  Valuation of new goods under perfect and 
            imperfect competition.  39p.                                
     4981   Hellerstein, Judith K.  The demand for post-patent          
            prescription pharmaceuticals.  56p.                         
     4978   Hoxby, Caroline M.  Do private schools provide competition  
            for public schools?.  53p.                                  
     4679   Hoxby, Caroline M.  Does competition among public schools   
            benefit students and taxpayers?.  59p.                      
     4977   Hubbard, R. Glenn.  Is there a `credit channel' for monetary
            policy?.  45p.                                              
     4965   Ikenberry, David, Lakonishok, Josef & Vermaelen, Theo.      
            Market underreaction to open market share repurchases.  31p.
     4944   Irwin, Douglas A.  The GATT's contribution to economic      
            recovery in post-war Western Europe.  38p.                  
     4974   Irwin, Douglas A. & Klenow, Peter J.  High tech R & D       
            subsidies: estimating the effects of Sematech.  34p.        
     4976   Joskow, Paul L. & Rose, Nancy L.  CEO pay and firm          
            performance: dynamics, asymmetries, and alternative         
            performance measures.  39p.                                 
     4980   Joskow, Paul L., Rose, Nancy L. & Wolfram, Catherine D.     
            Political constraints on executive compensation: evidence   
            from the electric utility industry.  31p.                   
     4961   Kaplow, Louis.  A fundamental objection to tax equity norms:
            a call for utilitarianism.  31p.                            
     4942   Kremer, Michael.  Can having fewer partners increase        
            prevalence of AIDS?.  51p.                                  
     4983   Krishna, Kala & Krueger, Anne.  Implementing free trade     
            areas: rules of origin and hidden protection.  44p.         
     4986   Leahy, John V. & Whited, Toni M.  The effect of uncertainty 
            on investment: some stylized facts.  29p.                   
     4940   Leamer, Edward E. & Levinsohn, James.  International trade  
            theory: the evidence.  66p.                                 
     4972   Levinsohn, James.  Competition policy and international     
            trade.  31p.                                                
     4951   Lewis, Karen K.  Puzzles in international financial markets.
             73p.                                                       
     4982   Lyons, Richard K. & Rose, Andrew K.  Explaining forward     
            exchange bias...intraday.  13p.                             
     4984   Lyons, Richard K.  Foreign exchange volume: sound and fury  
            signifying nothing?.  31p.                                  
     4938   McCallum, Bennett T.  Monetary policy and the term structure
            of interest rates.  26p.                                    
     4968   Paxson, Christina H. & Sicherman, Nachum.  The dynamics of  
            dual-job holding and job mobility.  45p.                    
     4959   Ramey, Garey & Rameny, Valerie A.  Cross-country evidence on
            the link between volatility and growth.  26p.               
     4973   Rauch, James E.  Bureaucracy, infrastructure, and economic  
            growth: evidence from U.S. cities during the progressive    
            era.  22p.                                                  


                                                           PAGE   9

     4964   Rodrik, Dani.  Getting interventions right: how South Korea 
            and Taiwan grew rich.  53p.                                 
     4948   Rotemberg, Julio J.  Prices, output and hours: an empirical 
            analysis based on a sticky price model.  54p.               
     4962   Staiger, Robert W.  International rules and institutions for
            trade policy.  69p.                                         
     4985   Svensson, Lars E.O.  The Swedish experience of an inflation 
            target.  27p.                                               
     4946   Zucker, Lynne G., Darby, Michael R & Armstrong, Jeff.       
            Intellectual capital and the firm: the technology of        
            geographically localized knowledge spillovers.  59p.        

     UNIVERSITY OF NORTH CAROLINA.  Department of Economics.            

     9303   Froyen, Richard R. & Waud, Roger N.  Optimal seigniorage    
            versus interest rate smoothing.  29p.                       
     9302   Grifell-Tatje, E. & Lovell, C.A.K.  Deregulation and        
            productivity decline: the case of Spanish savings banks.    
            35p.                                                        
     9304   Grifell-Tatje, E. & Lovell, C.A.K.  A new decomposition of  
            the Malmquist productivity index.  21p.                     
     9401   Stearns, Sally C., Mroz, Thomas & Glick, Noah.  Evaluation  
            of state risk pools: the current and potential experience.  
            61p.                                                        

     NORWEGIAN SCHOOL OF ECONOMICS & BUSINESS ADMINISTRATION.           

     20/94  Bardsen, Gunnar, Fisher, Paul G. & Nymoen, Ragnar.  Business
            cycles: real facts or fallacies?.  22p.                     
     19/94  Gabrielsen, Tommy S. & Sorgard, Lars.  Vertical restraints  
            and interbrand competition.  29p.                           
     18/94  Osmundsen, Petter.  Dynamic taxation of nonrenewable natural
            resources: asymmetric information about reserves.  29p.     
     1/95   Osmundsen, Petter.  Repeated auctions of extraction rights. 
            31p.                                                        
     21/94  Thogersen, Oystein.  Economic policy, macroeconomic         
            performance and the Norwegian petroleum wealth: a survey.   
            44p.                                                        
     22/94  Thogersen, Oystein.  Fiscal policy, structural adjustment   
            and intergenerational welfare.  28p.                        

     OSAKA UNIVERSITY.  Institute of Social and Economic Research.      

     350    Horioka, Charles Y., Yokota, Naoto & Miyaki, Toshiyuki.  Why
            do people save?: an analysis of motives for household saving
            in Japan.  37p.                                             
     353    Lahiri, Sajal & Onu, Yoshiyasu.  Asymmetric oligopoly,      
            international trade, and welfare: a synthesis.  21p.        
     349    Matsumura, Toshihiro.  Endogenous timing in Cournot duopoly.
             26p.                                                       
     348    Matsumura, Toshihiro & Ueda, Masako.  Endogenous timing in  
            switch of technology with Marshallian externalities.  24p.  
     354    Ono, Yoshiyasu.  Market segmentation and effective demand   
            shortage in a world economy with dynamic optimization.  84p.




                                                           PAGE  10

     352    Saijo, Tatsuyoshi & Tatamitani, Yoshikatsu.                 
            Characterization neutrality in the voluntary contribution   
            mechanism.  33p.                                            
     351    Saijo, Tatsuyoshi, Une, Masashi & Yamaguchi, Toru.  "Dango" 
            experiments.  30p.                                          

     UNIVERSITY OF OTTAWA.  Department of Economics.                    

     9426   Grafton, R. Quentin & Rowlands, Dane.  Give and take in     
            Haiti: the institutions of aid and theft.  24p.             
     9424   Parguez, Alain.  Full employment and inflation.  59p.       

     UNIVERSITY OF PENNSYLVANIA.  Center for Analytic Research in Econ. 

     9418   Manning, Julian R.A.  Public goods and the Oates            
            decentralisation theorem.  16p.                             
     9419   Morris, Stephen & Shin, Hyun Song.  The rationality and     
            efficiency of decisions under uncertainty and the value of  
            an experiment.  19p.                                        
     9420   Sandroni, Alvaro.  Does rational learning lead to Nash      
            equilibrium in finitely repeated games?.  37p.              

     QUEEN'S UNIVERSITY.  Institute for Economic Research.              

     914    Banerjee, Anindya.  Dynamic specification and testing for   
            unit roots and co-integration.  43p.                        
     913    Beach, Charles M. & Rongve, Ian.  Estimation and inference  
            for normative inequality indices.  23p.                     

     UNIVERSITY OF SASKATCHEWAN.  Department of Economics.              

     94-2   Datta, Manjira & Mirman, Leonard J.  Externalities, market  
            power and resource extraction.  20p.                        

     TEL-AVIV UNIVERSITY.  Foerder Institute of Economic Research.      

     31/94  Gandal, Neil.  Sequential auctions of cable television      
            licenses: the Israeli experience.  17p.                     
     27/94  Glazer, Jacob & Rubinstein, Ariel.  The design of           
            organizations for collecting information from conformist    
            agents.  25p.                                               
     30/94  Hochman, Oded, Pines, David & Thisse, Jacques-F.  On the    
            optimal structure of local governments.  43p.               
     28/94  Razin, Assaf & Sadka, Efraim.  Resisting migration: wage    
            rigidity and income distribution.  18p.                     
     29/94  Rubinstein, Ariel.  John Nash: the master of economic       
            modeling.  10p.                                             

     UNIVERSITA DEGLI STUDI DI VENEZIA.  Dipartimento di Scienze Econ.  

     9420   Billio, Monica.  General equilibrium models of the term     
            stucture of interest rates: the n production processes case.
             22p.                                                       
     9421   Lisi, Francesco, Medio, Alfredo & Sandri, Marco.            
            Noise-filtering by multichannel singular system analysis.   
            31p.                                                        


                                                           PAGE  11


     UNIVERSITY OF VIRGINIA.  Center for Studies in Political Economy.  

     263    Glomm, Gerhard & Ravikumar, B.  Equilibrium theories of the 
            Kuznets curve: a review.  25p.                              
     262    Michener, Ronald & Ravikumar, B.  Chaotic dynamics in a cash
            in advance economy.  25p.                                   

     WASHINGTON UNIVERSITY-ST. LOUIS.  Department of Economics.         

     194    Barnett, William A. & Liu, Yi.  The CAPM-extended divisia   
            monetary aggregate with exact tracking under risk.  22p.    

     WASHINGTON UNIVERSITY.  CSAB.  Formal Publications (Pamphlets).    

     124    Boerner, Christopher & Kallery, Jennifer C.  Restructuring  
            environmental big business.  36p.                           



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