New Acquisitions - July, 1995


     UNIVERSITY OF ALBERTA.  Department of Economics.                   

     95-7   Buse, A.  Testing homogeneity in the linearized almost ideal
            demand system.  25p.                                        
     95-3   Ruggeri, G.C., Van Wart, D. & Howard, R.  Fiscal incidence  
            as indicator of voters' preferences.  30p.                  
     95-6   Ruggeri, G.C., Van Wart, D. & Howard, R.  The government as 
            Robin Hood: exploring the myth.  211p.                      
     95-5   Ruggeri, G.C. & Hermanutz, D.  Leviathan revisited: the     
            growth of government spending in Canada since 1961.  97p.   
     95-4   Ruggeri, G.C. & Hermanutz, D.  Rethinking our spending      
            priorities.  30p.                                           

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

     257    Bacchetta, Philippe.  Regional investment and growth in the 
            European Community.  53p.                                   
     292    Barbera, Salvador.  Notes on strategy-proof social choice   
            functions.  24p.                                            
     255    Caminal, Ramon.  Financial intermediation and the optimal   
            tax system.  38p.                                           
     256    Caminal, Ramon.  Nominal rigidities and market structure:   
            some macroeconomic implications.  31p.                      
     294    de la Fuente, Angel.  The empirics of growth and            
            convergence: a selective review.  57p.                      
     293    Hamoudi, H. & Jarque, X.  Convex and concave transportation 
            cost in spatial competition.  15p.                          
     290    Macho-Stadler, I. & Perez-Castrillo, D.  Optimal auditing   
            when some individuals are tax-return exempt.  20p.          
     271    Page, Frank H. & Wooders, Myrna H.  Arbitrage in markets    
            with unbounded short sales: necessary and sufficient        
            conditions for nonemptiness of the core a.  28p.            
     261    Perez-Castrillo, J. David & Sandonis, Joel.  Disclosure of  
            know-how in research joint ventures.  30p.                  
     254    Regibeau, Pierre & Rockett, Katharine E.  The timing of     
            product introduction and the credibility of compatibility   
            decisions.  32p.                                            

     BOSTON UNIVERSITY.  Department of Economics.                       

     38     Gonzalo, Jesus & Lee, Tae-Hwy.  Pitfalls in testing for long
            run relationships.  40p.                                    
     37     Eaton, Jonathan & Fernandez, Raquel.  Sovereign debt.  59p. 

     BOSTON UNIVERSITY.  Dept. of Econ-Industry Studies Program.        

     58     Minehart, Deborah & Scotchmer, Suzanne.  Ex post regret and 
            the decentralized sharing of information.  31p.             

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

     919    El-Gamal, Mahmoud A. & Grether, David M.  Are people        
            Bayesian?: uncovering behavioral strategies.  19p.          
     913    Fohlin, Caroline M.  Relationship banking and firm liquidity
            constraints: evidence from the heyday of the German         
            universal banks.  28p.                                      
     915    Kousser, J. Morgan.  Shaw vs. Reno and the real world of    
            redistricting and representation.  119p.                    
     917    Ledyard, John O., Noussair, Charles & Porter, David.  The   
            allocation of a shared resource within an organization.     
            52p.                                                        
     908    Noussair, Charles N., Plott, Charles R. & Riezman, Raymond  
            G.  The principles of exchange rate determination in an     
            international finance experiment.  42p.                     

     UNIVERSITY OF CAMBRIDGE.  Department of Applied Economics.         

     9511   Baliga, Sandeep.  Universal collusion and renegotiation,    
            dictators and contracts.  26p.                              
     9510   Baliga, Sandeep & Serrano, Roberto.  Negotiations with      
            side-deals.  18p.                                           
     9512   Baliga, S., Corchon, L.C. & Sjostrom, T.  The theory of     
            implementation when the planner is a player.  34p.          
     9517   Palomba, Geremia.  How to combine Pareto optimality and     
            individual liberty using welfare interpersonal comparisons. 
            26p.                                                        

     UNIVERSITY OF CANTERBURY.  Department of Economics.                

     9505   Smith, Aaron & Harrison, Robin.  A drunk, her dog, and a    
            boyfriend: an illustration of multiple cointegration and    
            error correction.  17p.                                     

     UNIVERSIDAD CARLOS III de MADRID.  Dept. de Economia.              

     9518   Berrendero, Jose R., Romo, Juan & Zamar, Ruben.  On the     
            explosion breakdown rate of the maximum bias function of    
            some scale and location estimates.  33p.                    
     9513   Boldrin, Michele & Horvath, Michael.  Labor contracts and   
            business cycles.  38p.                                      
     9516   Boucekkine, Raouf, Germain, Marc & Licandro, Omar.  Creative
            destruction and business cycles.  15p.                      
     9517   Boucekkine, Raouf, Juillard, Michel & Malgrange, Pierre.    
            Precision performances of terminal conditions of short time 
            horizons forward looking systems.  25p.                     
     9515   Fagnart, Jean-Francois, Licandro, Omar & Sneessens, Henri.  
            Capacity utilization dynamics and market power.  24p.       
     9512   Florenzano, Monique & Gourdel, Pascal.  Incomplete markets  
            in infinite horizon: debt constraints versus node prices.   
            34p.                                                        
     9519   Kranich, Laurence.  The distribution of opportunities: a    
            normative theory.  17p.                                     

     COWLES FOUNDATION FOR RESEARCH IN ECONOMICS AT YALE UNIVERSITY.    

     1100   Baliga, Sandeep & Polak, Ben.  Banks versus bonds: a simple 
            theory of comparative financial institutions.  71p.         
     1099   Karatzas, Ioannis, Shubik, Martin & Sudderth, William D.  A 
            strategic market game with secured lending.  56p.           
     1101   Nordhaus, William D.  How should we measure sustainable     
            income?.  32p.                                              
     1098   Shiller, Robert J., Case, Karl E. & Weiss, Allan N.         
            Mortgage default risk and real estate prices: the use of    
            index-based futures and options in real estate.  31p.       
     1097   Shiller, Robert J. & Athanasoulis, Stefano.  World income   
            components: measuring and exploiting international risk     
            sharing opportunities.  69p.                                

     (ENGLAND) CENTRE FOR ECONOMIC POLICY RESEARCH.                     

     1188   Bayoumi, Tamim.  Who needs bands?: exchange rate policy     
            before EMU.  23p.                                           
     1183   Ben-David, Dan & Loewy, Michael B.  Free trade and long-run 
            growth.  51p.                                               
     1187   Bertola, Giuseppe.  Accumulation and the extent of          
            inequality.  29p.                                           
     1186   Bertola, Guiseppe & Ichino, Andrea.  Wage inequality and    
            unemployment: U.S. vs. Europe.  49p.                        
     1173   de Melo, Jaime & Tarr, David G.  VERS under imperfect       
            competition and foreign direct investment: a case study of  
            the U.S.-Japan auto VER.  28p.                              
     1182   Drabek, Zdenek & Smith, Alasdair.  Trade performance and    
            trade policy in Central and Eastern Europe.  35p.           
     1171   Edwards, Jeremy & Ogilvie, Sheilagh.  Universal banks and   
            German industrialization: a reappraisal.  32p.              
     1181   Flam, Harry & Nordstrom, Hakan.  Why do pre-tax prices      
            differ so much across European countries?.  29p.            
     1185   Marin, Dalia & Schnitzer, Monika.  Creating creditworthiness
            through reciprocal trade.  27p.                             
     1177   Matutes, Carmen & Vives, Xavier.  Imperfect competition,    
            risk taking, and regulation in banking.  30p.               
     1165   Minford, Patrick, Riley, Jonathan & Nowell, Eric.  The      
            elixir of growth: trade, non-traded goods and development.  
            78p.                                                        
     1178   Yafeh, Yishay & Yosha, Oved.  Large shareholders and banks: 
            who monitors and how?.  34p.                                

     FEDERAL RESERVE BANK OF ATLANTA.  Research Department.             

     95-2   Noe, Thomas H.  Insider trading and the problem of corporate
            agency.  27p.                                               

     FEDERAL RESERVE BANK OF DALLAS.  Research Department.              

     9503   Cox, W. Michael & Ruffin, Roy J.  Country-bashing tariffs:  
            do bilateral trade deficits matter?.  21p.                  

     FEDERAL RESERVE BANK OF MINNEAPOLIS.  Research Department.         

     192    Geweke, John.  Monte Carlo simulation and numerical         
            integration.  73p.                                          

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

     100    Lagunoff, Roger.  On the dynamic selection of mechanisms for
            provision of public projects.  26p.                         
     101    Uhlig, Harald.  A toolkit for analyzing nonlinear dynamic   
            stochastic models easily.  21p.                             

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

     2      Park, Jun Y., Sarkar, Asani & Wu, Lifan.  The costs and     
            benefits of dual trading.  28p.                             
     1      Posen, Adam.  Central bank independence and disinflationary 
            credibility: a missing link?.  42p.                         

     FEDERAL RESERVE BANK OF PHILDELPHIA.  Economic Research Division.  

     9510   Calem, Paul S. & Mester, Loretta J.  Consumer behavior and  
            the stickiness of credit card interest rates.  33p.         
     9512   Gorton, Gary & Rosen, Richard.  Banks and derivatives.  47p.
     9513   Shaffer, Sherrill.  Translog bias under declining average   
            costs.  30p.                                                
     9511   Voith, richard.  Parking, transit and employment in a       
            central business district.  24p.                            

     FEDERAL RESERVE BOARD.  Finance & Economics Discussion Series.     

     9519   Acharya, Sankarshan & Madan, Dilip B.  Asset pricing in an  
            incomplete market with a locally risky discount factor.     
            35p.                                                        
     9528   Acharya, Sankar.  Credit rating enhancement norms and       
            ratings-based bank capital and deposit insurance premium.   
            33p.                                                        
     9522   Berger, Allen N., Cummins, J. David & Weiss, Mary A.  The   
            coexistence of multiple distribution systems for financial  
            services: the case of property-liability insurance.  54p.   
     9523   Berger, Allen N., Herring, Richard J. & Szego, Giorgio P.   
            The role of capital in financial institutions.  51p.        
     9521   Berger, Allen N. & Udell, Gregory F.  Universal banking and 
            the future of small business lending.  62p.                 
     9525   Calem, Paul S. & Nakamura, Leonard I.  Branch banking and   
            the geography of bank pricing.  44p.                        
     9527   Cole, Rebel A. & Eisenbeis, Robert A.  The role of          
            principal-agent conflicts in the 1980s thrift crisis.  31p. 
     9526   Kupiec, Paul H.  Noise traders, excess volatility, and a    
            securities transactions tax.  19p.                          
     9524   Kupiec, Paul H.  Techniques for verifying the accuracy of   
            risk measurement models.  45p.                              
     9520   Sharpe, Steven A.  Bank capitalization, regulation, and the 
            credit crunch: a critical review of the research findings.  
            36p.                                                        

     FEDERAL RESERVE BOARD.  International Finance Papers.              

     510    Bowman, David & Faust, Jon.  Options, sunspots, and the     
            creation of uncertainty.  24p.                              
     512    Ghosal, Vivek & Loungani, Prakash.  Evidence on nominal wage
            rigidity from a panel of U.S. manufacturing industries.     
            26p.                                                        
     511    Mendoza, Enrique G., Milesi-Ferretti, Gian Maria & Asea,    
            Patrick.  Do taxes matter for long-run growth?: Harberger's 
            superneutrality conjecture.  44p.                           

     HEBREW UNIVERSITY.  Department of Economics.                       

     292    Angrist, Joshua D.  Using social security data on military  
            applicants to estimate the effect of voluntary military     
            service on civilian .  56p.                                 
     296    Galor, Oded & Weil, David N.  The gender gap, fertility, and
            growth.  32p.                                               
     297    Galor, Oded & Tsiddon, Daniel.  Human capital distribution, 
            technological progress and economic growth.  50p.           
     300    Kleiman, Ephraim.  The economic provisions of the agreement 
            between Israel and the PLO.  29p.                           
     301    Kleiman, Ephraim & Rubinstein, Yona.  The Leuthold free     
            rider experiment: some results from an Israeli sample.  26p.
     294    Lambert, Peter & Yitzhaki, Shlomo.  Equity, equality, and   
            welfare.  24p.                                              
     298    Lavy, Victor, et al.  Quality of health care, survival and  
            health outcomes in Ghana.  31p.                             
     295    Mayshar, Joram & Yitzhaki, Shlomo.  Dalton-improving tax    
            reform: when households differ in ability and needs.  26p.  
     299    Yafeh, Yishay & Yosha, Oved.  Large sharholders and banks:  
            who monitors and how?.  34p.                                
     293    Yitzhaki, Shlomo & Eisenstaedt, Maggie.  Ranking individuals
            versus groups.  20p.                                        

     UNIVERSITY OF ICELAND.  Faculty of Economics & Business Admin.     

     29     Gislason, Gylfi T.  Fisheries management in Iceland and J.  
            Warming's contributions to fishery economics.  6p.          
     27     Gylfason, Thorvaldur.  Reforms in Eastern Europe.  30p.     
     28     Petursson, Thorarinn G.  The optimal currency composition of
            foreign reserves.  27p.                                     

     INSTITUT NATIONAL DE LA STATISTIQUE ET DES ETUDES ECONOMIQUES.     

     9529   Francq, C. & Zakoian, J.M.  Multivariate ARMA models with   
            generalized autoregressive linear innovation.  23p.         
     9528   Gayraud, G.  Estimation of functionals of density support.  
            18p.                                                        
     9530   Leblanc, B. & Scaillet, O.  Path dependent options on yields
            in the affine term structure model.  24p.                   
     9519   Lieberman, O.  The effect of nonnormality.  24p.            

     INSTITUTO DE MATEMATICA PURA E APLICADA (BRAZIL).                  

     90     Araujo, Aloisio P. & Maldonado, Wilfredo L.  Empirical      
            measures and sunspot equilibrium.  34p.                     
     91     Araujo, Aloisio & Pascoa, Mario R.  Real determinacy,       
            financial markets and default.  31p.                        
     89     de Deus Oliveira, Rogerio.  Arbitrage pricing of integral   
            options.  12p.                                              

     UNIVERSITY OF IOWA.  Department of Economics.                      

     9509   Williamson, Stephen & Wang, Cheng.  Unemployment insurance  
            with moral hazard in a dynamic economy.  51p.               

     UNIVERSITY OF KANSAS.  Department of Economics.                    

     95-2   Hess, Gregory D. & Shin, Kwanho.  Intranational business    
            cycles in the United States.  40p.                          
     95-3   Hess, Gregory D. & Morris, Charles.  Money is what money    
            predicts: the M* model of the price level.  33p.            

     LA TROBE UNIVERSITY.  Department of Economics.                     

     9423   Bardsley, Peter.  Complexity, honest mistakes, and tax      
            evasion.  5p.                                               
     9422   Bardsley, Peter.  Tax compliance games with imperfect       
            auditing.  17p.                                             
     9420   Bardsley, Peter.  Tax compliance research: an economic      
            perspective on the research agenda.  14p.                   
     9419   Divisekara, Sarath.  A model of economic determinants of    
            international visitor flow to Australia: a cointegration    
            analysis.  32p.                                             
     9411   Fabella, Raul & Jayasuriya, Sisira.  Impact of temporary    
            trade shocks on an economy in disequilibrium: Philippines,  
            1986-89.  36p.                                              
     9416   Frost, Warwick.  Agricultural diversification and the       
            decline of wheat: a comparative study of East Anglia,       
            California and Central V.  20p.                             
     9417   Herath, Gamini.  The algal bloom problem in Australian      
            waterways: a resource economics perspective.  30p.          
     9410   Jayasuriya, Sisira.  Temporary shocks, consumption smoothing
            and economic adjustment: Sri Lanka, 1973-76.  38p.          
     9418   Michael, Ewen.  Community service obligations policy in     
            public sector management.  22p.                             
     9421   Olekalns, Nils & Barsdley, Peter.  Rational addiction to    
            caffeine: an analysis of coffee consumption.  7p.           

     LONDON SCHOOL OF ECONOMICS.  Financial Markets Group.              

     207    de Jong, Frank, Nijman, Theo & Roell, Ailsa.  Price effects 
            of trading and components of the bid-ask spread on the Paris
            Bourse.  42p.                                               
     208    Gietzmann, Miles B., Ncube, Mthuli & Selby, Michael J.P.    
            Auditor performance, implicit guarantees, and the valuation 
            of legal liability.  25p.                                   
     206    Povel, Paul.  Multiple banking as a commitment not to       
            rescue.  27p.                                               

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

     286    Ferreira, Francisco H.G.  Roads to equality: wealth         
            distribution dynamics with public-private capital           
            complementarity.  40p.                                      
     289    Halonen, Maija.  Reputation and allocation of ownership.    
            43p.                                                        

     UNIVERSITY OF LONDON-BIRKBECK COLLEGE.  Department of Economics.   

     6/95   Coakley, Jerry, Kulasi, Farida & Smith, Ron.  The           
            Fedlstein-Horioka puzzle and capital mobility.  53p.        
     5/95   Orszag, J. Michael.  Cumulative wavelength test for         
            randomness.  29p.                                           
     7/95   Orszag, J. Michael & Zoega, Gylfi.  Hiring-risk and labor   
            market equilibrium.  16p.                                   

     UNIVERSITY COLLEGE LONDON.  Department of Economics.               

     9505   Binmore, Ken & Samuelson, Larry.  Muddling through: noisy   
            equilibrium selection.  37p.                                
     9506   Dustmann, Christian & van Soest, Arthur.  Generalized       
            switching regression analysis of private and public sector  
            wage structures in Germany.  30p.                           
     9504   Rota, Paola.  Labour demand with fixed adjustment costs.    
            38p.                                                        

     UNIVERSITY OF MARYLAND.  Department of Economics.                  

     9507   Gamkar, Shama & Oates, Wallace.  Asymmetries in the response
            to increases and decreases in intergovernmental grants: a   
            comment and some further evid.  17p.                        
     9506   Kelejian, Harry H.  The Moran I test for spatial correlation
            of regression disturbances: an extension accounting for     
            endogenous regress.  17p.                                   

     UNIVERSITY OF MELBOURNE.  Department of Economics.                 

     460    Bakker, Alexander.  The generalised exponential             
            distribution: some numerical issues of estimation.  31p.    
     461    Borland, Jeff.  Male labour market participation in         
            Australia.  43p.                                            
     462    Cornwell, Antonia & Creedy, John.  The distributional impact
            of fuel taxation.  20p.                                     
     459    Creedy, John.  "Walrasian" demand and supply functions.     
            78p.                                                        
     463    Hyde, Charles E.  Crop insurance: the relationship between  
            indemnity price and expected output price.  14p.            

     MONASH UNIVERSITY.  Department of Econometrics.                    

     1/95   Brooks, Robert D., Fry, Tim R.L. & Harris, Mark N.          
            Combining choice set partition tests for the independence of
            irrelevant alternatives property: size properties in t.  8p.
     2/95   Brooks, Robert D., Fry, Tim R.L. & Harris, Mark N.  The size
            and power properties of combining choice set partition tests
            for the IIA property in the logit model.  28p.              
     3/95   McLaren, Keith R.  A parsimonious autocorrelation correction
            for singular demand systems.  10p.                          
     4/95   Ord, J.K., Koehler, A. & Snyder, R.D.  Estimation and       
            prediction for a class of dynamic nonlinear statistical     
            models.  34p.                                               
     5/95   Snyder, R.D.  Inventory control: back to the molehills.     
            16p.                                                        

     UNIVERSITE DE MONTREAL.  Departement de Sciences Economiques.      

     9503   Abowd, John M., Kramarz, Francis & Margolis, David N.       
            High-wage workers and high-wage firms.  72p.                
     9501   Boyer, Marcel & Laffont, Jean-Jacques.  Environmental risks 
            and bank liability.  44p.                                   
     9504   Cardia, Emanuela & Ambler, Steve.  Indexation lags and      
            heterodox stabilization programs.  27p.                     
     9412   Gaudry, Marc, Mandel, Benedikt & Rothengatter, Werner.      
            Introducing spatial competition through an autoregressive   
            continuous distributed (AR-C-D) process....  55p.           
     9502   Margolis, David N.  Firm heterogeneity and worker           
            self-selection bias estimated returns to seniority.  27p.   
     9421   Perron, Pierre.  Further evidence on breaking trend         
            functions in macroeconomic variables.  48p.                 

     UNIVERSITY OF MUNICH.  Center for Economic Studies.                

     79     Arnott, Richard J. & Braid, Ralph M.  A filtering model with
            steady-state housing.  51p.                                 
     75     Asheim, Geir B.  The Weitzman foundation of NNP with        
            non-constant interest rates: a comment to Sefton and Weale. 
            17p.                                                        
     81     Bittlingmayer, George.  Industry investment and regulation. 
            32p.                                                        
     78     Gottinger, Hans W.  Dynamic portfolio choice and stochastic 
            survival.  15p.                                             
     74     Goulder, Lawrence H.  Environmental taxation and the "double
            dividend": a reader's guide.  35p.                          
     76     Guesnerie, Roger.  The genealogy of modern theoretical      
            public economics: from first best to second best.  31p.     
     80     Kanniainen, Vesa.  Price uncertainty and investment behavior
            of corporate management under risk aversion and preference  
            for prudence.  17p.                                         
     77     Olsen, Trond E. & Torsvik, Gaute.  Limited intertemporal    
            commitment and job design.  27p.                            

     NATIONAL BUREAU OF ECONOMIC RESEARCH.  Working Papers.             

     5134   Alm, James, Erard, Brian & Feinstein, Jonathan S.  The      
            relationship between state and federal tax audits.  42p.    
     5126   Attanasio, Orazio P. & Hoynes, Hilary W.  Differential      
            mortality and wealth accumulation.  45p.                    
     5136   Barberis, Nicholas, et al.  How does privatization work?:   
            evidence from the Russian shops.  37p.                      
     5107   Bartel, ANn P. & Sicherman, Nachum.  Technological change   
            and the skill acquisition of young workers.  61p.           
     5115   Bayoumi, Tamim & Klein, Michael W.  A provincial view of    
            capital mobility.  33p.                                     
     5116   Beede, David N. & Bloom, David E.  Economics of the         
            generation and management of municipal solid waste.  96p.   
     5146   Bernanke, Ben S. & Gertler, Mark.  Inside the black box: the
            credit channel of monetary policy transmission.  45p.       
     5148   Bloom, David E. & Mahal, Ajay S.  Does the AIDS epidemic    
            really threaten economic growth?.  35p.                     
     5144   Boozer, Michael & Rouse, Ceclia.  Intraschool variation in  
            class size: patterns and implications.  34p.                
     5117   Bovenberg, A. Lans & Goulder, Lawrence H.  Costs of         
            environmentally motivated taxes in the presence of other    
            taxes: general equilibrium analyses.  43p.                  
     5138   Brown, Kenneth H. & Greenstein, Shane M.  How much better is
            bigger, faster and cheaper?: buyer benefits from innovation 
            in mainframe computers in the 1980s.  77p.                  
     5120   Buiter, Willem H. & Kletzer, Kenneth M.  Capital mobility,  
            fiscal policy and growth under self-financing of human      
            capital formation.  43p.                                    
     5140   Buiter, Willem H., Corsetti, Giancarlo & Pesenti, Paolo A.  
            A center periphery model of monetary coordination and       
            exchange rate crises.  42p.                                 
     5125   Burnside, Craig, Eichenbaum, Martin & Rebelo, Sergio.       
            Capital utilization and returns to scale.  51p.             
     5139   Campa, Jose & Goldberg, Linda S.  Investment, pass-through  
            and exchange rates: a cross-country comparison.  40p.       
     5130   Cooper, Russell & Ejarque, Joao.  Financial intermediation  
            and the Great Depression: a multiple equilibrium            
            interpretation.  50p.                                       
     5133   Davis, Steven J. & Haltiwanger, John.  Measuring gross      
            worker and job flows.  50p.                                 
     5137   Dickens, William T.  Do labor rents justify strategic trade 
            and industrial policy?.  44p.                               
     5122   Feenstra, Robert C. & Hanson, Gordon H.  Foreign direct     
            investment and relative wages: evidence from Mexico's       
            maquiladoras.  39p.                                         
     5121   Feenstra, Robert C. & Hanson, Gordon H.  Foreign investment,
            outsourcing and relative wages.  51p.                       
     5141   Friedman, Benjamin M.  Economic implications of changing    
            share ownership.  27p.                                      
     5132   Froot, Kenneth A., Kim, Michaelk & Rogoff, Kenneth.  The law
            of one price over 700 years.  62p.                          
     5109   Grossman, Herschel I.  American fiscal policy in the 1990s. 
            10p.                                                        
     5147   Gruber, Jonathan & Poterba, James.  Tax subsidies to        
            employer-provided health insurance.  56p.                   
     5110   Hanson, Gordon H. & Harrison, Ann.  Trade, technology, and  
            wage inequality.  46p.                                      
     5118   Henderson, Vernon.  Effects of air quality regulation.  49p.
     5111   Kane, Edward J.  What is the value-added for large U.S.     
            banks in offering mutual funds?.  17p.                      
     5114   Leamer, Edward E. & Lundberg, Per.  A Heckscher-Ohlin view  
            of Sweden competing in the global marketplace.  84p.        
     5119   Levitt, Steven D.  The effect of prison population size on  
            crime rates: evidence from prison overcrowding litigation.  
            39p.                                                        
     5113   Lopez-de-Silanes, Florencio, Shleifer, Andrei & Vishny,     
            Robert W.  Privatization in the United States.  37p.        
     5123   Mullahy, John & Sindelar, Jody L.  Employment, unemployment,
            and problem drinking.  57p.                                 
     5143   Myers, Stewart C. & Rajan, Raghuram G.  The paradox of      
            liquidity.  43p.                                            
     5124   Neal, Derek A. & Johnson, William R.  The role of pre-market
            factors in black-white wage differences.  49p.              
     5112   O'Rourke, Kevin & Williamson, Jeffrey G.  Open economy      
            forces and late 19th century Scandinavian catch-up.  50p.   
     5135   Razin, Assaf & Yuen, Chi-Wa.  Factor mobility and income    
            growth: two convergence hypotheses.  32p.                   
     5142   Sachs, Jeffrey, Tornell, Aaron & Velasco, Andres.  The      
            collapse of the Mexican peso: what have we learned?.  55p.  
     5108   Tornell, Aaron & Velasco, Andres.  Fixed versus flexible    
            exchange rates: which provides more fiscal discipline?.     
            35p.                                                        
     5127   Tyler, John, Murnane, Richard J. & Levy, Frank.  Are lots of
            college graduates taking high school jobs?: a               
            reconsideration of the evidence.  29p.                      

     NEW YORK UNIVERSITY.  Stern School of Business.                    

     9505   Evans, Martin D.D.  Peso problems: their theoretical and    
            empirical implications.  76p.                               
     9506   Greene, William H.  Sample selection in the Poisson         
            regression model.  12p.                                     

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

     1119   Gamble, A.B. & Pazgal, A.I.  A linear programming framework 
            for network games.  27p.                                    
     1120   Lizzeri, Alessandro & Persico, Nicola.  Existence and       
            uniqueness of equilibrium in first price auction and war of 
            attrition with affiliated values.  24p.                     
     1122   Maruta, Toshimasa.  On the relationship betwen              
            risk-dominance and stochastic stability.  20p.              
     1123   Matsuyama, Kiminori.  Economic development as coordination  
            problems.  32p.                                             
     1124   Matsuyama, Kiminori.  New goods, market formations, and     
            pitfalls of system design.  29p.                            
     1096   Matthews, Steven A.  A technical primer on auction theory I:
            independence private values.  49p.                          
     1121   Reiter, Stanley.  Coordination of the structure of firms.   
            140p.                                                       

     NORWEGIAN SCHOOL OF ECONOMICS & BUSINESS ADMINISTRATION.           

     8/95   Hagen, Kare P., Osmundsen, Petter & Schjelderup, Guttorm.   
            Internationally mobile firms and tax policy.  34p.          
     7/95   Tungodden, Bertil.  A new approach to normative poverty     
            measurement.  37p.                                          

     OSAKA UNIVERSITY.  Institute of Social and Economic Research.      

     366    Bohlin, Erik.  A survey of managerial incentives and        
            investment bias: common structure but differing assumptions.
             57p.                                                       
     372    Horioka, Charles Y.  Is Japan's household saving rate really
            high?: a revision and update.  40p.                         
     367    Matsumura, Toshihiro.  How many firms become leaders?.  18p.
     368    Matsumura, Toshihiro.  A two-stage Cournot duopoly with     
            inventory costs.  14p.                                      
     373    Ogawa, Kazuo & Suzuki, Kazuyuki.  Land value and corporate  
            investment: evidence from Japanese panel data.  40p.        
     370    Saijo, Tatsuyoshi & Nakamura, Hideki.  The `spite' dilemma  
            in voluntary contribution mechanism experiments.  48p.      
     371    Saijo, Tatsuyoshi, Tatamitani, Yoshikatsu & Yamato,         
            Takehiro.  Characterizing natural implementability: the fair
            and Walrasian correspondences.  35p.                        
     365    Shilony, Yuval.  How to account for the diversity observed  
            in voluntary collective action.  14p.                       

     PEKING UNIVERSITY.  China Centre for Economic Research.            

     9502   Lin, Justin Y.  Why China's economic reforms have been      
            successful: implications for other reforming economies.     
            27p.                                                        
     9503   Yu, Mingde.  The effects of parental sex preference and the 
            birth quota policy on birth interval in China.  30p.        
     9501   Zhang, Weiying & Yi, Gang.  China's gradual reform: a       
            historical perspective.  19p.                               

     UNIVERSITY OF PENNSYLVANIA.  Center for Analytic Research in Econ. 

     9507   Lagunoff, Roger D.  Sufficiently specialized economies have 
            nonempty cores.  14p.                                       
     9506   Ryoo, Jaewoo.  Statistical discrimination, affirmative      
            action, and mismatch.  31p.                                 

     UNIVERSIDADE CATOLICA PORTUGUESA.  Departamento de Economia.       

     57     Felli, Leonardo & Villas-Boas, J. Miguel.  "Friendships" in 
            vertical relations.  20p.                                   
     56     Lal, Rajiv & Villas-Boas, J. Miguel.  Competitive price     
            promotions with multi-product retailers.  61p.              
     55     Lal, Rajiv, Little, John D.C. & Villas-Boas, J. Miguel.  A  
            theory of forward buying, merchandising and trade deals.    
            39p.                                                        
     53     Neves, Joao Cesar das.  World convergence: a note on        
            multivariability.  11p.                                     
     54     Villas-Boas, J. Miguel.  Comparative statics of fixed       
            points.  28p.                                               

     PRINCETON UNIVERSITY.  Industrial Relations Section.               

     344    Boozer, Michael & Rouse, Cecilia.  Intraschool variation in 
            class size: patterns and implications.  34p.                

     QUEEN'S UNIVERSITY.  Institute for Economic Research.              

     924    Ferrall, Christopher, Gregory, Allan W. & Tholl, William G. 
            Endogenous work hours and practice patterns of Canadian     
            physicians.  34p.                                           

     UNIVERSITY OF ROCHESTER.  Wallis Inst. of Political Economy.       

     4      Calvert, Randall.  Explaining social order: internalization,
            external enforcement, or equilibrium?.  24p.                
     3      Hanushek, Eric A.  Interpreting recent research on schooling
            in developing countries.  29p.                              
     2      Hanushek, Eric A.  Rationalizing school spending:           
            efficiency, externalities and equity, and their connection  
            to rising costs.  52p.                                      

     SANTA FE INSTITUTE.  Economics Research Program.                   

     9545   Kollman, Ken, Miller, John H. & Page, Scott E.  A comparison
            of political institutions in a Tiebout model.  27p.         
     9544   Lane, David & Vescovini, Roberta.  When optimization isn't  
            optimal: aggregation and information contagion.  15p.       
     9552   Midgeley, David F., Marks, Rovert E. & Cooper, Lee G.       
            Breeding competitive strategies.  37p.                      
     9551   Youssefmir, Michael & Huberman, Bernardo A.  Clustered      
            volatility in multiagent dynamics.  24p.                    

     UNIVERSITY OF STOCKHOLM.  Department of Economics.                 

     95-2   Bohm, Peter.  Environmental taxes, carbon taxes, tax        
            recycling and tax distortions.  27p.                        
     95-1   Bohm, Peter, Linden, Johan & Sonnegard, Joakim.  Eliciting  
            reservation prices: Becker-DeGroot-Marschak mechanisms vs.  
            markets.  37p.                                              

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

     583    Dahlquist, Magnum & Sellin, Peter.  Seasonalities in Swedish
            stock returns: why are they not arbitraged away?.  20p.     
     588    Garber, Peter M. & Svensson, Lars E.O.  The operation and   
            collapse of fixed exchange rate regimes.  60p.              
     586    Gottfries, Nils.  Market shares, financial constraints, and 
            pricing behavior in the export industry.  35p.              
     585    Jacobson, Tor, Vredin, Anders & Warne, Anders.  Common      
            trends and hysteresis in unemployment.  44p.                
     589    Lindbeck, Assar.  Welfare state disincentives with          
            endogenous habits and norms.  23p.                          
     581    Sellin, Peter.  Do foreign investors have a market impact on
            Swedish stock prices?.  20p.                                
     582    Sellin, Peter.  Investment, marginal q, and discrete        
            stochastic price changes.  15p.                             
     584    Soderlind, Paul & Vredin, Anders.  Applied cointegration    
            analysis in the mirror of macroeconomic theory.  25p.       
     587    Svensson, Lars E.O.  The Swedish experience of an inflation 
            target.  27p.                                               

     TEL-AVIV UNIVERSITY.  Foerder Institute of Economic Research.      

     9/95   Henderson, Rebecca, Jaffe, Adam B. & Trajtenberg, Manuel.   
            Universities as a source of commercial technology: a        
            detailed analysis of university patenting, 1965-1988.  39p. 
     10/95  Raff, Daniel M.G. & Trajtenberg, Manuel.  Quality-adjusted  
            prices for the American automobile industry, 1906-1940.     
            54p.                                                        
     8/95   Weiss, Yoram.  Growth and labor mobility.  34p.             

     UNIVERSITY OF TOKYO.  Faculty of Economics.                        

     9517   Gupta, Vipin & Fujimoto, Takahiro.  A dynamic model of      
            exchange rate and Japanese exchange system: management      
            dynamics of the free-fall in the dollar e.  34p.            
     9514   Kitagawa, Akiomi.  Does money always make people happy?.    
            17p.                                                        
     9515   Kitagawa, Akiomi.  Fiat money as a riskless asset.  24p.    
     9513   Kunitomo, Naoto & Sato, Seisho.  Stationarity and           
            non-stationarity simultaneous switching autoregressive      
            models with an application to financial tim.  26p.          
     9516   Takemura, Akimichi & Kuriki, Satoshi.  A proof of           
            independent Bartlett correctability of nested likelihood    
            ratio tests.  22p.                                          

     UNIVERSITY OF VICTORIA (BC).  Department of Economics.             

     95-3   Oum, Tae Hoon, Zhang, Anming & Zhang, Yimin.  Optimal       
            airport pricing in a hub-and-spoke system.  10p.            

     UNIVERSITY OF WARWICK.  Department of Economics.                   

     437    Fraser, Clive D.  Market insurance, self-protection and the 
            family: a Beckerian analysis.  37p.                         
     436    Perroni, Carlo.  Income taxation, environmental emissions,  
            and technical progress.  27p.                               
     435    Smith, Jeremy & Otero, Jesus.  Structural breaks and        
            seasonal integration.  24p.                                 

     WASHINGTON UNIVERSITY-ST. LOUIS.  Department of Economics.         

     196    Barnett, William A. & Xu, Haiyang.  Money velocity with     
            interest rate stochastic volatility and exact aggregation.  
            30p.                                                        
     195    Sau, Ranjit.  Some notes on international monetary reform.  
            22p.                                                        

     UNIVERSITY OF WESTERN ONTARIO.  Department of Economics.           

     9507   Cowan, Robin & Cowan, William.  Spatially dependent         
            interactions: a statistical approach to spatial equilibria, 
            technological standardization and v.  17p.                  
     9506   Zeng, Jinli.  Innovative vs. imitative R & D and economic   
            growth.  68p.                                               

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