New Acquistions - January 2000

     UNIVERSITY OF ADELAIDE.  Department of Economics.                  

     99-2   Cameron, Lisa & Williams, Jenny.  Substitutes or            
            complements?: alcohol, cannabis and tobacco.  28p.          
     99-4   Damania, Richard.  Regulation and monitoring with corrupt   
            bureaucrats.  29p.                                          
     99-6   Dao, Thuy.  Capital flows and economic growth in a small    
            open economy.  28p.                                         
     99-7   Hughes, Anthony W.  Hypothesis testing in the presence of   
            one-sided nuisance parameters.  26p.                        
     99-5   Williams, Jenny.  Getting tough on crime: will it win the   
            war?  15p.                                                 

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

     9919   Browning, Martin & Collado, Dolores.  The response of       
            expenditures to anticipated income changes: panel data      
            estimates.  25p.                                            
     9917   Garella, Paolo G. & Peitz, Martin.  Exclusive dealing       
            clauses facilitate entry.  38p.                             
     9920   Herrero, Carmen & Guerrero, Ana M.  Time preference and     
            individual health profiles.  20p.                           
     9918   Puy, M. Socorro.  Lobby groups and the financial support of 
            election campaigns.  35p.                                   

     ATHENS UNIVERSITY OF ECONOMICS & BUSINESS.  Dept. of Economics.    

     114    Bitros, George C. & Panas, Epaminondas J.  Another look at  
            the inflation-productivity trade off.  19p.                 
     113    Petrakis, Emmanuel & Vlassis, Minas.  The political economy 
            of the National Minimum Wage Institution.  32p.             

     UNIVERSITY OF AUCKLAND.  Department of Economics.                  

     195    Bandyopadhyay, Debasis.  Can the distribution of highest    
            educational attainment be characterized by a discrete       
            probabillity distribution?  19p.                           
     197    Bandyopadhyay, Debasis & Yu, Jin.  Do topics diffuse from   
            core to periphery journals?  11p.                          
     203    Bandyopadhyay, Debasis & Basu, Parantap.  The               
            growth-inequality relationship in a model with discrete     
            occupational choice and redistributive tax.  35p.           
     196    Bandyopadhyay, Debasis, Lahiri, P. & Yu, Feng.  On a new    
            measure of human capital and its impact on gross domestic   
            product.  22p.                                              

     UNIVERSITY OF CALIFORNIA-BERKELEY.  Department of Economics.       

     270    Hermalin, Benjamin E. & Isen, Alice M.  The effect of affect
            on economic and strategic decision making.  26p.            
     271    Shannon, Chris & Zame, William R.  Quadratic concavity and  
            determinacy of equilibrium.  53p.                           

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

     109    Bardhan, Pranab & Mookherjee, Dilip.  Relative capture of   
            local and central governments: an essay in the political    
            economy of decentralization.  44p.                          

     UNIVERSITY OF CALIFORNIA-SAN DIEGO.  Department of Economics.      

     9921   Avesani, Renzo G. & Gallo, Giampiero M.  Interest rate      
            volatility regimes and exchange rate behavior in a target   
            zone.  19p.                                                 
     9926   Carson, Richard T.  Contingent valuation: a user's guide.   
            19p.                                                        
     9925   Dardanoni, Valentino.  A pedagogical proof of Arrow's       
            Impossibility Theorem.  5p.                                 
     9922   Elliott, Graham.  Estimating restricted cointegrating       
            vectors.  27p.                                              
     9920   Engle, Robert F. & Manganelli, Simone.  CAViaR: conditional 
            autoregressive value at risk by regression quantiles.  51p. 
     9918   Gallo, Giampiero M., Granger, Clive W.J. & Jeon, Yongil.    
            The impact of the use of forecasting in information sets.   
            23p.                                                        
     9924   Gottschling, Andreas, Haefke, Christian & White, Halbert.   
            Closed form integration of artificial neural networks with  
            some applications to finance.  34p.                         
     9916   Kirkley, James & Squires, Dale.  Capacity and capacity      
            utilization in fishing industries.  38p.                    
     9919   Pesaran, M. Hashem & Timmermann, Allan.  Model instability  
            and choice of observation window.  60p.                     
     9923   Starr, Ross M.  Why is there money?: convergence to a       
            monetary equilibrium in a general equilibrium model with    
            transaction costs.  21p.                                    
     9917   Yi, Kang-Oh.  A quantal response equilibrium model of order 
            statistic games.  40p.                                      

     BANK OF CANADA.  Technical Reports.                                

     87     Freedman, Charles.  The regulation of central securities    
            depositories and the linkages between CSDs and large-value  
            payment syustems.  16p.                                     

     UNIVERSITY OF CANTERBURY.  Department of Economics.                

     9910   Haug, Alfred A.  A currency of monetary union for New       
            Zealand?: an empirical study.  15p.                         

     UNIVERSIDAD CARLOS III de MADRID.  Dept. de Economia.              

     9980   Dolado, Juan J., Felgueroso, Florentino & Jimeno, Juan F.   
            Youth labor markets in Spain: education, training and       
            crowding-out.  16p.                                         
     9982   Jimenez-Martin, Sergi, Labeaga, Jose M. & Martinez-Granado, 
            Maite.  Health status and retirement decisions for older    
            European couples.  41p.                                     

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

     9905   Fan, Hua & Sundaresan, Suresh.  Debt valuation,             
            renegotiations, and optimal dividend policy.  51p.          
     9907   Heal, Geoffrey.  Biodiversity as a commodity.  26p.         
     9906   Huberman, Gur & Regev, Tomer.  Speculating on a cure for    
            cancer: a non-event that made stock prices soar.  38p.      
     9909   Huberman, Gur & Halka, Dominika.  Systematic liquidity.     
            40p.                                                        
     9908   Jones, Charles M. & Lipson, Marc L.  Price impacts and quote
            adjustment on the NASDAQ and NYSE/AMEX.  34p.               

     UNIVERSITY OF COPENHAGEN.  Institute of Economics.                 

     9924   Albaek, Karsten, et al.  Dimensions of the wage-unemployment
            relationship in the Nordic countries: wage flexibility      
            without wage curves.  50p.                                  
     9923   Ghiglino, Christian & Tvede, Mich.  Optimal policy in       
            overlapping generations models.  25p.                       
     9925   Gorgens, Tue.  Semiparametric estimation of single-index    
            transition intensities.  42p.                               
     9922   Juselius, Katarina & Toro, Juan.  The effect of joining the 
            EMS: monetary transmission mechanisms in Spain.  42p.       

     COWLES FOUNDATION FOR RESEARCH IN ECONOMICS AT YALE UNIVERSITY.    

     1245   Chang, Yoosoon, Park, Joon Y. & Phillips, Peter C.B.        
            Nonlinear econometric models with cointegrated and          
            deterministically trending regressors.  42p.                
     1247   Dubey, Pradeep, Geanakoplos, John & Shubik, Martin.  Default
            in a general equilibrium model with incomplete markets.     
            68p.                                                        
     1246   Moon, Hyungsik R. & Phillips, Peter C.B.  Maximum likelihood
            estimation in panels with incidental trends.  30p.          
     1243   Phillips, Peter C.B.  Discrete Fourier transforms of        
            fractional processes.  58p.                                 
     1244   Phillips, Peter C.B.  Unit root log periodogram regression. 
            22p.                                                        

     (ENGLAND) CENTRE FOR ECONOMIC POLICY RESEARCH.                     

     2278   Acemoglu, Daron & Robinson, James A.  Democratization or    
            repression?  12p.                                          
     2277   Acemoglu, Daron & Robinson, James A.  A theory of political 
            transitions.  31p.                                          
     2284   Arora, Ashish & Fosfuri, Andrea.  Licensing the market for  
            technology.  40p.                                           
     2281   Auriol, Emmanuelle, Friebel, Guido & Pechlivanos, Lambros.  
            Teamwork management in an era of diminishing commitment.    
            27p.                                                        
     2279   Bottazzi, Laura & Peri, Giovanni.  Innovation, demand and   
            knowledge spillovers: theory and evidence from European     
            regions.  33p.                                              
     2270   Branco, Fernando.  Procurement favouritism and technology   
            adoption.  30p.                                             
     2299   Cadot, Olivier, de Melo, Jaime & Olarreaga, Marcelo.        
            Asymmetric regionalism in sub-Saharan Africa: where do we   
            stand?  18p.                                               
     2291   Chui, Micheal, Levine, Paul & Pearlman, Joseph.  Winners and
            losers in a North-South model of growth, innovation and     
            product cycles.  30p.                                       
     2304   Cohen, Daniel, Kristensen, Nikolai & Verner, Dorte.  Will   
            the Euro create a bonanza for Africa?  23p.                
     2274   Currie, David, Levine, Paul & Rickman, Neil.  Delegation and
            the ratchet effect: should populations be pro-industry?    
            34p.                                                        
     2296   de Jong, Frank, et al.  Price discovery on foreign exchange 
            markets with differentially informed traders.  38p.         
     2303   Favero, Carlo, Giavazzi, Francesco & Flabbi, Luca.  The     
            transmission mechanism of monetary policy in Europe:        
            evidence from banks' balance sheets.  22p.                  
     2272   Femminis, Gianluca.  Monopolistic competition, dynamic      
            inefficiency and asset bubbles.  27p.                       
     2271   Gerlach, Stefan & Schnabel, Gert.  The Taylor rule and      
            interest rates in the EMU area.  8p.                        
     2268   Grogan, Louise & van den Berg, Gerard J.  The duration of   
            unemployment in Russia.  40p.                               
     2280   Grossman, Gene M. & Helpman, Elhanan.  Incomplete contracts 
            and industrial organization.  42p.                          
     2288   Gual, Jordi.  Deregulation, integration and market structure
            in European banking.  32p.                                  
     2289   Guiso, Luigi & Schivardi, Fabiano.  Information spillover   
            and factor adjustment.  40p.                                
     2292   Haldane, Andrew & Quah, Danny.  U.K. Phillips curves and    
            monetary policy.  28p.                                      
     2297   Hau, Harald.  Information and geography: evidence from the  
            German stock market.  41p.                                  
     2273   Horstmann, Ignatius J & Scharf, Kimberley.  The new         
            federalism: distributional conflict, voluntarism and        
            segregation.  31p.                                          
     2269   Inderst, Roman & Wambach, Achim.  Competitive insurance     
            markets under adverse selection and capacity constraints.   
            20p.                                                        
     2295   Kalemli-Ozcan, Sebnem, Sorensen, Bent E. & Yosha, Oved.     
            Risk-sharing and industrial specialization: regional and    
            international evidence.  47p.                               
     2285   Kocenda, Evzen.  Limited macroeconomic convergence in       
            transition countries.  21p.                                 
     2276   Lombardo, Davide & Pagano, Marco.  Law and equity markets: a
            simple model.  31p.                                         
     2275   Lombardo, Davide & Pagano, Marco.  Legal determinants of the
            return on equity.  54p.                                     
     2282   Martin, Philippe & Rey, Helene.  Financial integration and  
            asset returns.  30p.                                        
     2283   Matouschek, Niko.  Foreign direct investment and spillovers 
            through backward linkages.  29p.                            
     2266   Petrongolo, Barbara.  Re-employment probabilities and       
            returns to matching.  25p.                                  
     2298   Portes, Richard.  Global financial markets and financial    
            stability: Europe's role.  39p.                             
     2294   Quah, Danny.  Cross-country growth comparison: theory to    
            empirics.  28p.                                             
     2293   Quah, Danny.  Internet clusters emergence.  17p.            
     2287   Redding, Stephen.  The dynamics of international            
            specialization.  45p.                                       
     2290   Saint-Paul, Gilles.  On the distribution of income and      
            worker assignment under intra-firm spillovers with an       
            application to ideas & netw.  44p.                          
     2300   Sonin, Constantin.  Inequality, property rights protection, 
            and economic growth in transition economies: theory and     
            Russian evidence.  28p.                                     
     2286   Sorensen, Bent E., Wu, Lisa & Yosha, Oved.  Output          
            fluctuations and fiscal policy: U.S. state and local        
            governments, 1978-1994.  43p.                               
     2301   Symeonidis, George.  In which industries is collusion more  
            likely?: evidence from the U.K.  37p.                       
     2305   Venables, Anthony J. & Limao, Nuno.  Geographical           
            disadvantage: a Heckscher-Ohlin-Von Thunen model of         
            international specialization.  32p.                         

     FEDERAL RESERVE BANK OF ATLANTA.  Research Department.             

     9923   Eisenbeis, Robert A., Ferrier, Gary D. & Kwan, Simon H.  The
            informativeness of stochastic frontier and programming      
            frontier efficiency scores: cost efficiency and other measures
	    of bank holding company performance.  38p.  
     9919   Espinosa-Vega, Marco & Russell, Steven.  A public finance   
            analysis of multiple reserve requirements.  92p.            
     9918   Fisher, Mark.  Consumption and asset prices with recursive  
            preferences: continuous-time approximations to discrete time
            models.  41p.                                               
     9917   Fisher, Mark & Gilles, Christian.  Consumption and asset    
            prices with homothetic recursive preferences.  54p.         
     9920   Heston, Steven L. & Nandi, Saikat.  A discrete-time         
            two-factor model for pricing bonds and interest rate        
            derivatives under random volatility.  29p.                  
     9921   Kilian, Lutz & Zha, Tao.  Quantifying the half-life of      
            deviations from PPP: the role of economic priors.  34p.     
     9922   Leeper, Eric M. & Zha, Tao.  Modest policy intervention.    
            63p.                                                        
     9916   Moen, Jon R. & Tallman, Ellis W.  Why didn't the United     
            States establish a central bank after the Panic of 1907?   
            29p.                                                        

     FEDERAL RESERVE BANK OF CHICAGO.  Research Department.             

     9918   Burnside, Craig, Eichenbaum, Martin & Fisher, Jonas D.M.    
            Assessing the effects of fiscal shocks.  42p.               
     9919   Burnside, Craig, Eichenbaum, Martin & Fisher, Jonas D.M.    
            Fiscal shocks in an efficiency wage model.  28p.            

     FEDERAL RESERVE BANK OF DALLAS.  Research Department.              

     9911   Balke, Nathan S., Brown, Stephen P.A. & Yucel, Mine K.  Oil 
            price shocks and the U.S. economy: where does the asymmetry 
            originate?  31p.                                           
     9909   Haslag, Joseph H. & Bhattacharya, Joydeep.  Central bank    
            responsibility, seigniorage, and welfare.  42p.             
     9910   Orrenius, Pia M.  The role of family networks, coyote prices
            and the rural economy in migration from Western Mexico,     
            1965-1994.  44p.                                            
     9912   Santore, Rudy & Viard, Alan D.  Legal fee restrictions,     
            moral hazard, and attorney profits.  25p.                   

     FEDERAL RESERVE BANK OF KANSAS CITY.  Research Division.           

     9910   Amato, Jeffery D. & Laubach, Thomas.  Forecast-based        
            monetary policy.  33p.                                      
     9909   Amato, Jeffery D. & Laubach, Thomas.  Monetary policy in an 
            estimated optimization-based model with sticky prices and   
            wages.  38p.                                                
     9911   Clark, Todd E. & McCracken, Michael W.  Tests of equal      
            forecast accuracy and encompassing for nested models.  52p. 
     9908   Kozicki, Sharon & Hoffman, Barak.  Implications of rounding 
            and rebasing for empirical analyses using consumer price    
            inflation.  20p.                                            
     9912   Rappaport, Jordan.  How does labor mobility affect income   
            convergence?  37p.                                         
     9913   Rappaport, Jordan.  Why are population flows so persistent?
             46p.                                                       

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

     132    Aiyagari, S. Rao, Greenwood, Jeremy & Seshardi, Ananth.     
            Efficient investment in children.  43p.                     
     133    Bassetto, Marco.  Political economy of taxation in an       
            overlapping generations economy.  52p.                      

     FEDERAL RESERVE BANK OF PHILADELPHIA.  Economic Research Division. 

     9918   Chatterjee, Satyajit & Corbae, Dean.  Competitive theories  
            for economies with general transactions technology.  19p.   
     9919   Crone, Theodore M.  Using state indexes to define economic  
            regions in the U.S.  29p.                                   
     9921   Croushore, Dean & Stark, Tom.  A real-time data set for     
            macroeconomists: does the date vintage matter?  54p.       
     9920   Phillips, Kerk & Wrase, Jeffrey.  Schumpeterian growth and  
            endogenous business cycles.  37p.                           
     9922   Voith, Richard.  Does the U.S. tax treatment of housing     
            create an incentive for exclusionary zoning and increased   
            decentralization?  47p.                                    

     FEDERAL RESERVE BOARD.  Finance & Economics Discussion Series.     

     9954   Bomfin, Antulio N.  Measurement error in general            
            equilibrium: the aggregate effects of noisy economic        
            indicators.  27p.                                           
     9964   Cohen, Darrel & Follette, Glenn.  The automatic fiscal      
            stabilizers: quietly doing their thing.  70p.               
     9962   Downing, Chris.  Nonparametric estimation of multifactor    
            continuous time interest rate models.  46p.                 
     9958   Estevao, Marcello & Lach, Saul.  The evolution of the demand
            for temporary help supply employment in the United States.  
            25p.                                                        
     9957   Estevao, Marcello & Lach, Saul.  Measuring temporary labor  
            outsourcing in U.S. manufacturing.  46p.                    
     9951   Finan, Frederico S. & Tetlow, Robert.  Optimal control of   
            large, forward-looking models: efficient solutions and two  
            examples.  11p.                                             
     9953   Fleischman, Charles A.  The causes of business cycles and   
            the cyclicality of real wages.  36p.                        
     9963   Gibson, Michael S.  Is corporate governance ineffective in  
            emerging markets?  38p.                                    
     9965   Hooker, Mark A.  Are oil shocks inflationary?: asymmetric   
            and nonlinear specifications versus changes in regime.  23p.
     9955   Jones, Barry E. & Nesmith, Travis D.  Tests for non-linear  
            dynamics in systems of non-stationary economic time series: 
            the case of short-term U.S. interest rates.  45p.           
     9959   Liang, J. Nellie & Sharpe, Steven A.  Share repurchases and 
            employee stock options and their implications for S&P 500   
            share retirements and expected returns.  19p.                  
     9960   Otoo, Maria W.  Consumer sentiment and the stock market.    
            19p.                                                        
     9966   Otoo, Maria W.  Temporary employment and the natural rate of
            unemployment.  17p.                                         
     9956   Roberts, John M. & Morin, Norman J.  Is hysteresis important
            for U.S. unemployment?  43p.                               
     9952   Swanson, Eric T.  Measuring the cyclicality of real wages:  
            how important is aggregation across industries?  31p.      
     9961   Weisbenner, Scott.  Do pension plans with participant       
            investment choice teach households to hold equity?  36p.   

     FEDERAL RESERVE BOARD.  International Finance Papers.              

     651    Faust, Jon & Svensson, Lars E.O.  The equilibrium degree of 
            transparency and control in monetary policy.  24p.          
     652    Faust, Jon & Rogers, John H.  Monetary policy's role in     
            exchange rate behavior.  31p.                               
     653    Kamin, Steven B. & von Kleist, Karsten.  The evolution and  
            determinants of emerging market credit spreads in the 1990s.
             45p.                                                       
     650    Wright, Jonathan H.  Long memory in emerging market stock   
            returns.  18p.                                              
     649    Wright, Jonathan H. & Bollerslev, Tim.  High frequency data,
            frequency domain inference and volatility forecasting.  25p.

     FEDERAL TRADE COMMISSION.  Bureau of Economics.                    

     229    Garmon, Christopher.  Complements integration and leverage: 
            the case of the middleman.  21p.                            
     230    Hosken, Daniel, Matsa, David & Reiffen, David.  How do      
            retailers adjust prices?: evidence from store-level data.   
            47p.                                                        

     INSTITUT NATIONAL DE LA STATISTIQUE ET DES ETUDES ECONOMIQUES.     

     9917   Allain, M.L.  The balance of power between producers and    
            retailers: a differentiation model.  14p.                   
     9921   Bourguignon, F., Fournier, M. & Gurgand, M.  Fast           
            development with a stable income distribution: Taiwan,      
            1979-1994.  47p.                                            
     9920   Bourguignon, F., Fournier, M. & Gurgand, M.  Female labor   
            supply in the course of Taiwan's development, 1979-1994.    
            37p.                                                        
     9947   Cahuc, P. & Kempf, Hubert.  Asynchronized multiperiod       
            commitments and cycles.  22p.                               
     9922   Deaton, Angus & Laroque, Guy.  Housing, land prices, and the
            link between growth and saving.  30p.                       
     9948   Pommeret, Denys.  A characterization of functions by their  
            first moments in natural exponential families.  8p.         
     9950   Pommeret, Denys.  A construction of Lancaster probabilities 
            with margins in the multidimensional Meixner class.  11p.   
     9951   Pommeret, Denys.  Mixed Laguerre-Hermite and mixed          
            Charlier-Laguerre polynomials.  15p.                        
     9946   Pommeret, Denys.  Orthogonality of the Sheffer polynomials  
            associated to a Levy process.  15p.                         
     9949   Pommeret, Denys.  The unbiased estimation theory and the    
            multidimensional Bhattacharyya bounds.  27p.                

     IOWA STATE UNIVERSITY.  Department of Economics.                   

     331    Huffman, Sonya K. & Johnson, Stanley R.  Impacts of economic
            reform in Poland: incidence and welfare changes within a    
            constant framework.  31p.                                   
     330    Keng, Shao Hsun & Huffman, Wallace E.  Health, binge        
            drinking, and labor market success: a longitudinal study of 
            young people.  63p.                                         

     BANCA DE ITALIA.  Research Department.                             

     358    Fornari, Fabio, et al.  The impact of news on the exchange  
            rate of the lira and long-term interest rates.  44p.        
     359    Scalia, Antonio & Vacca, Valerio.  Does market transparency 
            matter?  48p.                                              
     357    Siviero, Stefano, Terlizzese, Daniele & Visco, Ignazio.  Are
            model-based inflation forecasts used in monetary            
            policymaking?: a case study.  39p.                          

     LA TROBE UNIVERSITY.  Department of Economics.                     

     9910   Arunatilake, Nisha, Jayasuriya, Sisira & Kelegama, Saman.   
            The economic cost of the war in Sri Lanka.  35p.            
     9911   Choe, Chongwoo.  Executive stock options and investment     
            choice.  29p.                                               
     9905   Choe, Chongwoo.  Optimal executive compensation: bonus,     
            golden parachutes, stock ownership and stock options.  36p. 
     9912   Dungey, Mardi H.  Decomposing exchange rate volatility      
            around the Pacific Rim.  18p.                               
     9907   Her, Young-Won & Choe, Chongwoo.  A comparative study of    
            Australian and Korean accounting data in business failure   
            prediction models.  34p.                                    
     9908   Perry, Neil.  Environmental taxes and the double dividend   
            hypothesis: a survey and critique.  29p.                    
     9909   Perry, Neil.  A risk averse farmer's soil conservation      
            responses to changes in wealth and risk.  37p.              

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

     375    Hart, Oliver & Moore, John.  On the design of hierarchies:  
            coordination versus specialization.  52p.                   
     371    Horsley, Anthony & Wrobel, Andrew J.  The density form of   
            equilibrium prices in continuous time and Boiteux's solution
            to the shifting peak problem.  23p.                         
     372    Horsley, Anthony & Wrobel, Andrew J.  Efficiency rents of   
            storage plants in peak-load pricing, II: hydroelectricity.  
            81p.                                                        

     UNIVERSITE CATH. DE LOUVAIN.  Ctr. for Op. Research & Econometrics.

     9952   Albano, Gian-Luigi, Germano, Fabrizio & Lovo, Stefano.  A   
            comparison of standard multi-unit auctions with synergies.  
            6p.                                                         
     9957   Bauwens, Luc, Bos, Charles S. & van Dijk, Herman K.         
            Adaptive polar sampling with an application to a Bayes      
            measure of value-at-risk.  28p.                             
     9958   Bauwens, Luc & Veredas, David.  The stochastic conditional  
            duration model: a latent factor model for the analysis of   
            financial durations.  29p.                                  
     9956   Boccard, Nicolas & Wauthy, Xavier.  Relaxing Bertrand       
            competition: capacity commitment beats quality              
            differentiation.  25p.                                      
     9950   Boucher, Jacqueline & Smeers, Yves.  Alternative models of  
            restructured electricity systems, part 1: no market power.  
            38p.                                                        
     9955   Casamatta, Georges, Cremer, Helmuth & Pestieau, Pierre.  The
            political economy of social security.  27p.                 
     9945   Demichelis, Stefano & Germano, Fabrizio.  Some consequences 
            of the unknottedness of the Walras correspondence.  10p.    
     9949   De Wolf, Olivier.  Optimal strategies in n-person           
            unilaterally competitive games.  17p.                       
     9947   Fleisher, Lisa, Iwata, Satoru & McCormick, S. Thomas.  A    
            faster capacity scaling algorithm for minimum cost          
            submodular flow.  18p.                                      
     9944   Giot, Pierre.  Time transformations, intraday data and      
            volatility models.  37p.                                    
     9946   Heifetz, Aviad, Minelli, Enrico & Polemarchakis, Heracles M.
             Arbitrage and equilibrium with exchangeable risks.  19p.   
     9948   Iwata, Satoru, Fleisher, Lisa & Fujishige, Satoru.  A       
            strongly polynomial-time algorithm for minimizing submodular
            functions.  16p.                                            
     9953   Marchand, Hugues, et al.  Cutting planes in integer and     
            mixed integer programming.  50p.                            
     9951   Michel, Philippe & Pestieau, Pierre.  Social security and   
            early retirement in an overlapping generations growth model.
             18p.                                                       
     9954   Milchtaich, Igal.  How does selfishness affect well-being? 
            26p.                                                        
     9943   Minelli, Enrico & Polemarchakis, Heracles.  Nash-Walras     
            equilibria of a large economy.  9p.                         

     UNIVERSITY OF MINNESOTA.  Center for Economic Research.            

     309    Saha, Souresh.  R & D composition over the product life     
            cycle.  27p.                                                

     NATIONAL BUREAU OF ECONOMIC RESEARCH.  Working Papers.             

     7444   Acemoglu, Daron & Angrist, Joshua.  How large are the social
            returns to education?: evidence from compulsory schooling   
            laws.  43p.                                                 
     7446   Agenor, Pierre-Richard & Aizenman, Joshua.  Financial sector
            inefficiencies and coordination failures: implications for  
            crisis management.  23p.                                    
     7424   Angrist, Joshua & Lavy, Victor.  New evidence on classroom  
            computers and pupil learning.  32p.                         
     7457   Ashenfelter, Orley, Harmon, Colm & Oosterbeek, Hessel.  A   
            review of estimates of the schooling/earnings relationship, 
            with tests for publication bias.  26p.                      
     7435   Blass, Asher A. & Carlton, Dennis W.  The choice of         
            organizational form in gasoline retailing and the costs of  
            laws limiting that choice.  36p.                            
     7452   Bound, John & Turner, Sarah.  Going to war and going to     
            college: did World War II and the G.I. Bill increase        
            education attainment for returning v.  51p.                 
     7302   Buiter, Willem H.  The fallacy of the fiscal theory of the  
            price level.  69p.                                          
     7426   Cecchetti, Stephen G. & Ehrmann, Michael.  Does inflation   
            targeting increase output volatility?: an international     
            comparison of policymakers' preferences and .  35p.         
     7442   Chay, Kenneth Y. & Greenstone, Michael.  The impact of air  
            pollution on infant mortality: evidence from geographic     
            variation in pollution shocks induced by a recession.  72p.  
     7434   Clarida, Richard H.  G3 exchange rate relationships: a recap
            of the record and a review of proposals for change.  78p.   
     7430   Diamond, Douglas W. & Rajan, Raghuram G.  Liquidity risk,   
            liquidity creation and financial fragility: a theory of     
            banking.  51p.                                              
     7431   Diamond, Douglas W. & Rajan, Raghuram G..  A theory of bank 
            capital.  58p.                                              
     7422   Dynarski, Susan M.  Does aid matter?: measuring the effect  
            of student aid on college attendance and completion.  57p.  
     7418   Eichengreen, Barry & Hausmann, Ricardo.  Exchange rates and 
            financial fragility.  54p.                                  
     7427   Estavao, Marcello & Lach, Saul.  The evolution of the demand
            for temporary help supply employment in the United States.  
            23p.                                                        
     7421   Estavao, Marcello & Lach, Saul.  Measuring temporary labor  
            outsourcing in U.S. manufacturing.  45p.                    
     7420   Friedman, Benjamin M.  The future of monetary policy: the   
            central bank as an army with only a signal corp?  28p.     
     7433   Gordon, Roger H. & Lee, Young.  Do taxes affect corporate   
            debt policy?: evidence from U.S. corporate tax return data. 
            25p.                                                        
     7455   Hamermesh, Daniel S.  Togetherness: spouse's synchronous    
            leisure, and the impact of children.  42p.                  
     7450   Hanushek, Eric A. & Somers, Julie A.  Schooling, inequality,
            and the impact of government.  34p.                         
     7445   Harris, Trevor S., Hubbard, R. Glenn & Kemsley, Deen.  The  
            share price effects of dividend taxes and tax imputation    
            credits.  44p.                                              
     7441   Hulten, Charles & Srinivasan, Sylaja.  Indian manufacturing 
            industry: elephant or tiger?: new evidence on the Asian     
            miracle.  37p.                                              
     7440   Hurd, Michael D., McFadden, Daniel & Merrill, Angela.       
            Predictors or mortality among the elderly.  27p.            
     7415   Ichino, Andrea & Maggi, Giovanni.  Work environment and     
            individual background: explaning regional shirking          
            differentials in a large Italian firm.  42p.                
     7447   Johnson, Simon & Shleifer, Andrei.  Coase vs. the Coasians. 
            58p.                                                        
     7425   Katzman, Brett, Kennan, John & Wallace, Neil.  Optimal      
            monetary impulse-response functions in a matching model.    
            35p.                                                        
     7454   Kessler, Daniel P. & Katz, Lawrence.  Prevailing wage laws  
            and construction labor markets.  33p.                       
     7414   Kleiner, Morris M., Leonard, Jonathan S. & Pilarski, Adam M.
             Do industrial relations affect plant performance?: the case
            of commercial aircraft manufacturing.  40p.                 
     7449   Knowles, John, Persico, Nicola & Todd, Petra.  Racial bias  
            in motor vehicle searches: theory and evidence.  46p.       
     7456   Krueger, Alan B.  From Bismarck to Maastrict: the march to  
            European Union and the labor compact.  28p.                 
     7429   Krueger, Anne O.  Trade creation and trade diversion under  
            NAFTA.  33p.                                                
     7428   La Porta, Rafael, et al.  Investor protection: origins,     
            consequences, reform.  42p.                                 
     7437   Mairese, Jacques, Hall, Bronwyn H. & Mulkay, Benoit.        
            Firm-level investment in France and the United States: an   
            explanation of what we have learned in twenty years.  50p.  
     7423   Philipson, Tomas J. & Posner, Richard A.  The long-run      
            growth in obesity as a function of technological change.    
            35p.                                                        
     7432   Rose, Andrew K.  One money, one market: estimating the      
            effect of common currencies on trade.  47p.                 
     7439   Rotemberg, Julio J.  A heuristic method for extracting      
            smooth trends from economic time series.  57p.              
     7448   Rousseau, Peter L. & Sylla, Richard.  Emerging financial    
            markets and early U.S. growth.  54p.                        
     7451   Shackelford, Douglas A. & Verrecchia, Robert E.             
            Intertemporal tax discontinuities.  34p.                    
     7438   White, Eugene N.  Making the French pay: the costs and      
            consequences of the Napoleonic reparations.  43p.           

     NORWEGIAN SCHOOL OF ECONOMICS & BUSINESS ADMINISTRATION.           

     22/99  Tungodden, Bertil.  Norms and informational environments in 
            social choice.  13p.                                        

     UNIVERSITY OF OXFORD.  Nuffield College.                           

     9922   Myatt, David P.  Instant exit from the war of attrition.    
            17p.                                                        

     UNIVERSITY OF PENNSYLVANIA.  Institute for Economic Research.      

     9908   Chang, Youngsung & Kwark, Noh-Sun.  Decomposition of hours  
            based on extensive and intensive margins of labor.  26p.    

     PRINCETON UNIVERSITY.  Industrial Relations Section.               

     428    Krueger, Alan B.  Labor policy and labor research since the 
            1960s: two ships sailing in orthogonal directions?  46p.   

     PRINCETON UNIVERSITY.  International Finance Section-Essays.       

     215    Frankel, Jeffrey A.  No single currency regime is right for 
            all countries or at all times.  33p.                        
     216    Polak, Jacques J.  Streamlining the financial structure of  
            the International Monetary Fund.  25p.                      
     429    Krueger, Alan B. & Lindahl, Mikael.  Education for growth:  
            why and for whom?  63p.                                    

     PRINCETON UNIVERSITY.  Woodrow Wilson School-Papers in Economics.  

     208    Kling, Jeffrey R.  The effect of prison sentence length on  
            the subsequent employment and earnings of criminal          
            defendants.  39p.                                           

     UNIVERSITY OF ROCHESTER.  Center for Economic Research.            

     465    Lochner, Lance.  Education, work, and crime: theory and     
            evidence.  49p.                                             

     UNIVERSITY OF STOCKHOLM.  Institute for Int'l. Economic Studies.   

     669    Faust, Jon & Svensson, Lars E.O.  The equilibrium degree of 
            transparency and control in monetary policy.  24p.          
     668    Lindbeck, Assar.  The prize in economic sciences in memory  
            of Alfred Nobel, 1969-1998.  26p.                           
     676    Lindbeck, Assar.  Unemployment - structural.  16p.          
     677    Lindbeck, Assar & Wikstrom, Solveig.  Information and       
            communication technology (ICT) and household-firm relations.
             23p.                                                       
     670    Lindbeck, Assar & Wikstrom, Solveig.  The information and   
            communication technology (ICT) revolution in consumer       
            product markets.  23p.                                      
     675    Ohlin, Bertil.  The theory of interregional exchange.  42p. 
     672    Rudebusch, Glenn & Svensson, Lars E.O.  Eurosystem monetary 
            targeting: lessons from U.S. data.  28p.                    
     671    Svensson, Lars E.O.  Does the p* model provide any rationale
            for monetary targeting?  14p.                              
     667    Svensson, Lars E.O.  Monetary policy issues for the         
            Eurosystem.  52p.                                           
     673    Svensson, Lars E.O.  Price stability as a target for        
            monetary policy: defining and maintaining price stability.  
            49p.                                                        
     674    Tangeras, Thomas P.  Collusion-proof yardstick competition. 
            33p.                                                        
     666    Woodford, Michael.  Optimal monetary policy inertia.  106p. 

     TEL-AVIV UNIVERSITY.  Eitan Berglas School of Economics.           

     38/99  Cukierman, Alex.  The inflation bias result revisited.  19p.
     33/99  Eckstein, Zvi & Weiss, Yoram.  The integration of immigrants
            from the former Soviet Union in the Israeli labor market.   
            49p.                                                        
     34/99  Forges, Francoise, Heifetz, Aviad & Minelli, Enrico.        
            Incentive compatible core and competitive equilibria in     
            differential information economies.  24p.                   
     31/99  Gilboa, Itzhak & Schmeidler, David.  A note on utility in   
            case-based decision theory.  10p.                           
     32/99  Hvide, Hans K.  Tournament rewards and risk taking.  19p.   
     37/99  Rubinstein, Ariel.  Defineable preferences: another example.
             11p.                                                       
     36/99  Yashiv, Eran.  The determinants of equilibrium unemployment.
             67p.                                                       
     35/99  Yashiv, Eran.  Hiring as investment behavior.  34p.         

     UNIVERSITY OF TOKYO. Ctr. for Int'l. Research on the Japanese Econ.

     61     Iwami, Toru.  Economic development and environment in       
            Southeast Asia: an introductory note.  22p.                 
     60     Kubokawa, Tatsuya.  Estimation of variance and covariance   
            components in elliptically contoured distributions.  34p.   
     62     Kubokawa, Tatsuya & Srivastava, M.S.  Prediction in         
            multivariate mixed linear models with equal replications.   
            33p.                                                        
     64     Matsushima, Hitoshi.  Moral decision and information        
            aversion.  31p.                                             
     63     Miwa, Yoshiro & Ramseyer, J. Mark.  The value of prominent  
            directors: lessons in corporate governance from transitional
            Japan.  45p.                                                
     65     Ottaviano, Gianmarco, Tabuchi, Takatoshi & Thisse,          
            Jacques-Francois.  Agglomeration and trade revisited.  31p. 

     U.S. DEPARTMENT OF JUSTICE.  Economic Analysis Group.              

     99-2   Greenlee, Patrick.  Endogenous formation of competitive     
            research sharing joint ventures.  43p.                      
     99-1   Kimmel, Sheldon.  The goals of milk policy.  16p.           

     UNIVERSITY OF WISCONSIN.  Social Systems Research Institute.       

     9802r  Battalio, Raymond, Samuelson, Larry & Van Huyck, John.      
            Optimization incentives and coordination failure in         
            laboratory stag hunt games.  20p.                           
     9930   Bernheim, B. Douglas & Severinov, Sergei.  Bequests as      
            signals: an explanation for the equal division puzzle.  74p.
     9931   Bernheim, B. Douglas & Severinov, Sergei.  Bequests as      
            signals: implications for fiscal policy.  19p.              
     9934   Binmore, Ken, et al.  A backward induction experiment.  49p.
     9903r  Binmore, Ken & Samuelson, Larry.  Evolution and mixed       
            strategies.  24p.                                           
     9935   Bollinger, Christopher R. & David, Martin H.  I didn't tell 
            and I won't tell: dynamic response error in the Survey of   
            Income and Program Participation (SIPP).  20p.              
     9932   Calcagnini, Giorgio, De Bonis, Riccardo & Hester, Donald D. 
            Determinants of bank branch expansion in Italy.  30p.       
     9929   Durlauf, Steven N.  The case "against" social capital.  12p.
     9928   Durlauf, Steven N. & Walker, James R.  Social interactions  
            and fertility transitions.  33p.                            
     9933   Haile, Philip A.  Auctions with resale.  41p.               
     9927   Hester, Donald D., Calcagnini, Giorgio & De Bonis, Riccardo.
             Evolution and mixed strategies.  34p.                      
     9937   Sandholm, William H.  Almost global convergence to          
            p-dominant equilibrium.  10p.                               
     9938   Sandholm, William H.  Evolutionary implementation and       
            congestion pricing.  26p.                                   
     9926   Severinov, Sergei.  On information sharing and incentives in
            R & D.  28p.                                                
     9936   West, Kenneth D.  Encompassing tests when no model is       
            encompassing.  37p.                                         

     ZAGREB INSTITUTE OF PUBLIC FINANCE.  Occasional Papers.            

     9      Sosic, Vedran & Faulend, Michael.  Is unofficial economy a  
            source of corruption?  18p.                                

     COWLES FOUNDATION AT YALE UNIVERSITY.  Reprint Series.             

     982    Fair, Ray C.  Does the NAIRU have the right dynamics?
     981    Tobin, James.  Financial globalization.                  
     984    Fagin, Ronald, et al.  The hierarchical approach to modeling
            knowledge and common knowledge.                         
     983    Shiller, Robert J. & Weiss, Allan N.  Evaluating real estate
            valuation systems.                                      

     HITOTSUBASHI UNIVERSITY.  Institute for Economic Research-Reprints.

     178    Gavrilenkov, Evgeny.  Permanent crisis in Russia: selected  
            problems of macroeconomic performance.                  
     176    Islamov, Bakhtior.  State-led transformation and economic   
            growth in central Asia: from plan to industrial policy.  
     175    Kuboniwa, Masaaki.  National income in postwar Central Asia.
     174    Odaka, Konosuke.  Technology, management and market factors 
            in the development of the Japanese machine industry: a study of
	    the interwar decades.     
     177    Suzumura, Kotaro & Yasaki, Yoshihito.  Competition and      
            regulation in telecommunications: Japan's reform experience 
            since 1985.                                              

     UNIVERSITY OF WISCONSIN. Social Systems Research Institute-Reprints

     469    Andreoni, James & Varian, Hal.  Preplay contracting in the  
            prisoner's dilemma.                                     
     467    Brock, William A. & Durlauf, Steven N.  A formal model of   
            theory choice in science.                               
     471    Brock, William A.  Scaling in economics: a reader's guide.  
     470    Durlauf, Steven N.  How can statistical mechanics contribute
            to social science?                                    

     YALE UNIVERSITY.  Economic Growth Center-Reprint Series.           

     544    Evenson, R.E. & Siegel, Michele.  Gender and agricultural   
            extension in Burkina Faso.                              
     545    Hamada, Koichi.  The choice of international monetary       
            regimes in a context of repeated games.                 
     543    Ranis, Gustav & Stewart, Frances.  V-goods and the role of  
            the urban informal sector in development.                

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