New Acquisitions - July 1996
BANCO DE ESPANA. Servicio de Estudios.
9613 Ayuso, Juan & Vega, Juan L. An empirical analysis of the
peseta's exchange rate dynamics. 30p.
9612 Maravall, Agustin & Pena, Daniel. Missing observations and
additive outliers in time series models. 51p.
BOSTON UNIVERSITY. Dept. of Econ-Industry Studies Program.
67 Biglaiser, Gary & Ma, Ching-to Albert. Investment
incentives of a regulated dominant firm. 23p.
66 Ellis, Randall P. Health premium payment systems for state
employees. 31p.
68 Ray, Debraj & Vohra, Rajiv. A theory of endogenous
coalition structure. 72p.
UNIVERSITY OF CALIFORNIA-BERKELEY. Department of Economics.
248 Boskin, Michael J. Learn, earn, and serve: commencement
address to the Economics Department, U Cal Berkeley, May
1996. 19p.
UNIV. OF CALIFORNIA-BERKELEY. Ctr. for Int'l. & Devel. Econ. Res.
68 Eichengreen, Barry & Frankel, Jeffrey A. On the SDR:
reserve currencies and the future of the international
monetary system. 73p.
67 Frankel, Jeffrey A. & Shmukler, Sergio L. Country fund
discounts, asymmetric information and the Mexican crisis of
1994. 37p.
UNIVERSITY OF CAMBRIDGE. Department of Applied Economics.
9610 Gilli, Mario. Learning standards of social behaviour in a
stationary society. 40p.
UNIVERSITY OF CANTERBURY. Department of Economics.
9604 Guender, Alfred V. & Lees, Kirdan. Optimal revenue
smoothing: the case of New Zealand. 23p.
9603 Winkelmann, Rainer. Count data models with selectivity.
19p.
UNIVERSIDAD CARLOS III de MADRID. Dept. de Economia.
9628 Alonso-Borrego, Cesar. Demand for labour inputs and
adjustment costs: evidence from Spanish manufacturing firms.
33p.
9627 Boucekkine, Raouf & Fagnart, Jean-Francois. Solving recent
real business cycle models using linearization: further
reserves. 9p.
9625 Boucekkine, Raouf, Le Van, Cuong & Schubert, Katheline. How
to get the Blanchard-Kahn form from a general linear
rational expectations model. 14p.
9631 Cancelo, Jose Ramon & Espasa, Antoni. Using high freqency
data and time series models to improve yield management.
23p.
9557 Delgado, Miguel A. & Miles, Daniel. Household
characteristics and consumption behaviour: a nonparametric
approach. 34p.
9626 Espasa, Antoni, Revuelta, J. Manuel & Cancelo, J. Ramon.
Automatic modelling of daily series of economic activity.
13p.
9621 Estrada, Javier & Pastor, Santos. The distribution of
sentences in tax-related cases: evidence from Spanish courts
of appeals. 28p.
9624 Fagnart, Jean-Francois, Licandro, Omar & Sneessens, Henri.
Capacity utilization and market power. 21p.
9623 Fagnart, Jean-Francois, Licandro, Omar & Portier, Franck.
Idiosyncratic uncertainty, capacity utilization and the
business cycle. 20p.
9630 Goutis, Constantinos. Nonparametric estimation of a mixing
density via the kernel method. 14p.
9615 Kujal, Praveen. The impact of regulatory controls in
industry structure: a study of the car and scooter industry
in India. 47p.
9629 Petrakis, Emmanuel & Vlassis, Minas. Endogenous scope of
bargaining in oligopoly. 23p.
COLUMBIA UNIVERSITY. Grad. School of Business-Paine Webber Series.
9521 Aitken, Brian, Harrison, Ann & Lipsey, Robert E. Wages and
foreign ownership: a comparative study of Mexico, Venezuela,
and the United States. 32p.
9522 Chichilnisky, Graciela & Heal, Geoffrey M. The geometry of
implementation: a necessary and sufficient condition for
straightforward games. 33p.
9531 Edwards, Franklin R. Mutual funds and financial stability.
43p.
9532 Edwards, Franklin R & Park, James M. Do managed futures
make good investments?. 60p.
9529 Gilchrist, Simon & Himmelberg, Charles P. Evidence on the
role of cash flow for investment. 37p.
9528 Hamao, Yasushi & Jegadeesh, Narasimhan. Japanese government
bond auctions: the U.S. experience. 31p.
9520 Hanson, Gordon H. & Harrison, Ann. Trade, technology and
wage inequality. 46p.
9530 Heal, Geoffrey. Derivatives and the efficient allocation of
price risks in a general equilibrium world. 18p.
9523 Heal, Geoffrey M. Emission constraints, emission permits
and marginal abatement costs. 10p.
9524 Heal, Geoffrey M. Interpreting sustainability. 12p.
UNIVERSITY OF COPENHAGEN. Institute of Economics.
9603 Benoit, Jean-Pierre & Krishna, Vijay. The folk theorems for
repeated games: a synthesis. 34p.
9605 Dierker, Egbert & Grodal, Birgit. The price normalization
problem in imperfect competition and the objective of the
firm. 32p.
9606 Fagnart, Jean-Francois, Licandro, Omar & Portier, Franck.
Idiosyncratic uncertainty, capacity utilization and the
business cycle. 20p.
9607 Schultz, Christian. Annoucements and credibility of
monetary policy. 11p.
9604 Schultz, Christian. Political competition and polarization.
28p.
CORNELL UNIVERSITY. Center for Analytic Economics.
9602 Aliprantis, Charalambos D. Separable utility functions.
31p.
9512 Basu, Kaushik. Do India's labor laws hurt Indian laborers?:
a theoretical investigation. 40p.
9503 Basu, Kaushik. Stackleberg equilibrium in oligopoly: an
explanation based on managerial incentives. 9p.
9517 Bencivenga, Valerie R. & Smith, Bruce R. Unemployment,
migration, and growth. 56p.
9519 Bhattacharya, Joydeep. Credit market imperfections, income
distribution and growth. 39p.
9513 Bhattacharya, Joydeep, Guzman, Mark G. & Shell, Karl. Price
level volatility: a simple model of money taxes and
sunspots. 26p.
9504 Bhattacharya, Joydeep, Guzman, Mark G. & Smith, Bruce D.
Some even more unpleasant monetarist arithmetic. 31p.
9516 Choi, Sangmok, Smith, Bruce D. & Boyd, John H. Inflation,
financial markets, and capital formation. 70p.
9420 Easley, David, et al. Liquidity, information, and
infrequently traded stocks. 49p.
9515 Franses, Philip Hans & Vogelsang, Timothy J. Testing for
seasonal unit roots in the presence of changing seasonal
means. 47p.
9509 Goenka, Aditya & Shell, Karl. On the robustness of sunspot
equilibria. 33p.
9510 Goenka, Aditya & Shell, Karl. When sunspots don't matter.
20p.
9422 Hong, Yongmiao. Consistent testing for serial correlation
of unknown form. 48p.
9432 Hong, Yongmiao. A goodness of fit test for composite
spectral hypotheses. 18p.
9431 Hong, Yongmiao. Nonparametric coherency-based testing for
independence between two stationary time series. 38p.
9601 Hong, Yongmiao & Shehadeh, Ramsey D. A new test for ARCH
effects and its finite sample performance. 37p.
9427r Huybens, Elisabeth & Smith, Bruce D. Financial market
frictions, monetary policy and capital accumulation in a
small open economy. 45p.
9428 Jiang, Guorong. On the nature of fixed exchange rates.
42p.
9425 Majumdar, Mukul & Peleg, Bezalel. An axiomatization of the
Walras correspondence in infinite dimensional spaces. 17p.
9511 Mitra, Tapan. On the relationship between discounting and
complicated behavior in dynamic optimization models. 43p.
9507 Mitra, Tapan & Ok, Efe A. The measurement of income
mobility: a partial ordering approach. 29p.
9429 Mitra, Tapan & Ok, Efe A. Personal income taxation and the
principle of equal sacrifice revisited. 28p.
9508 Ok, Efe A. The comparison of income distributions when
needs differ. 18p.
9506 Ok, Efe A. & Kranich, Laurence. The measurement of
opportunity inequality: a cardinality-based approach. 24p.
9426 Peleg, Bezalel. A continuous double implementation of the
constrained Walras equilibrium. 15p.
9505 Peleg, Bezalel. Double implementation of the Lindahl
equilibrium by a continuous mechanism. 22p.
9514 Peleg, Bezalel. The nonexistence of a planned course of
interaction between a group of rational decision-makers.
13p.
9419 Pestieau, Pierre, Possen, uri M. & Slutsky, Steven M. The
value of explicit randomness in the tax code. 25p.
9518 Pukakka, Mikko & Wissink, Jennifer P. Strategic
complementarity, multiple equilbria and externalities in
Cournot competition. 17p.
9421 Schreft, Stacey L. & Smith, Bruce D. The effects of open
market operations in a model of intermediation and growth.
58p.
9502 Van Long, Ngo, Mitra, Tapan & Sorger, Gerhard. Equilibrium
growth and sustained consumption with exhaustible resources.
18p.
9430 Vogelsang, Timothy J. On testing for a unit root in the
presence of additive outliers. 19p.
9424 Vogelsang, Timothy J. Testing for a shift in mean without
having to estimate serial correlation parameters. 49p.
9501 Wan, Henry & Jiang, Guorong. Five policy-oriented exercises
in a monetary economy. 20p.
9423 Yang, Xuelin. A model of non-convergent volatility of
equilibrium asset prices. 26p.
CORNELL UNIVERSITY. Department of Economics.
438 Easley, David, Kiefer, Nicholas M. & O'Hara, Maureen.
Cream-skimming or profit-sharing?: the curious role of
purchased order flow. 37p.
441 Jeong, Kap-Young & Masson, Robert T. Visible and invisible
hands: Korean industrial policy, market structure dynamics,
and domestic competition. 33p.
440 Paternostro, Stefano. The poverty trap: the dual
externality model and its policy implications. 27p.
COWLES FOUNDATION FOR RESEARCH IN ECONOMICS AT YALE UNIVERSITY.
1126 Aliprantis, C.D., Brown, D.J. & Werner, J. Hedging with
derivatives in incomplete markets. 17p.
1120 Andrews, Donald W.K. A stopping rule for the computation of
generalized method of moments estimators. 27p.
1119 Andrews, Donald W.K. & Schafgans, Marcia M.A.
Semiparametric estimation of a sample selection model. 34p.
1124 Andrews, Donald W.K., Liu, Xuemei & Ploberger, Werner.
Tests of seasonal and non-seasonal serial correlation. 33p.
1127 Barany, Imre & Scarf, Herbert E. Matrices with identical
sets of neighbors. 16p.
1122 Bergemann, Dirk & Valimaki, Juuso. Market experimentation
and pricing. 39p.
1125 Campbell, John Y. & Shiller, Robert J. A scorecard for
indexed government debt. 63p.
1121 Fair, Ray C. Testing the standard view of the long-run
unemployment-inflation relationship. 32p.
1123 Geanakoplos, John. Two brief periods of Arrow's
impossibility theorem. 6p.
1118 Linton, Oliver. An asymptotic expansion in the GARCH (1,1)
model. 29p.
(ENGLAND) CENTRE FOR ECONOMIC POLICY RESEARCH.
1398 Antolin, Pablo. Gross worker flows: how does the Spanish
evidence fit the stylized facts?. 40p.
1393 Baldwin, Richard E. & Seghezza, Elena. Growth and European
integration: towards an empirical assessment. 27p.
1397 Baldwin, Richard E. & Forslid, Rikard. Trade liberalization
and endogenous growth: a q-theory approach. 27p.
1403 Benhabib, Jess & Farmer, Roger E.A. Indeterminacy and
sector-specific externalities. 32p.
1404 Benhabib, Jess & Farmer, Roger E.A. The monetary
transmission mechanism. 28p.
1395 De Grauwe, Paul. Forward interest rates as predictors of
EMU. 19p.
1405 Gatsios, Konstantine, Kollintzas, Tryphon & Lagopoulos,
Costas. Time-consistent solutions to the stochastic dynamic
strategic export subsidy problem. 52p.
1406 Hardouvelis, Gikas A. & Tsiritakis, Emmanuel D. Greek
closed-end fund premia: differences and similarities with
U.S. premia and their implications. 28p.
1401 Harhoff, Dietmar, Stahl, Konrad & Woywode, Michael. Legal
form, growth and exit of West German firms: empirical
results from mfgr, construction, trade & service indust.
37p.
1407 Katsoulacos, Yannis & Ulph, David. Endogenous innovation
spillovers and technology policy. 29p.
1399 Kuhn, Kai-Uwe & Padilla, A. Jorge. A theory of union power
and labour turnover. 43p.
1402 Laruelle, Annick & Widgren, Mika. Is the allocation of
voting power among the EU states fair?. 23p.
1385 Lutz, Stefan. Does mutual recognition of national minimum
quality standards support regional convergence?. 24p.
1384 Lutz, Stefan. Trade effects of minimum quality standards
with and without deterred entry. 31p.
1400 Manzocchi, Stefano & Martin, Philippe. Are capital flows
consistent with the neoclassical growth model?: evidence
from a cross-section of devel countries. 23p.
1388 Rodrik, Dani. Why do more open economies have bigger
governments?. 38p.
1394 Schulze, Gunther G. Capital export, unemployment, and
illegal immigration. 25p.
1389 Scott, Andrew. Consumption, `credit crunches', and
financial deregulation. 36p.
THE MAURICE FALK INSTITUTE FOR ECONOMIC RESEARCH IN ISRAEL.
9606 Lach, Saul & Tsiddon, Daniel. Small price changes and menu
costs. 12p.
9606 Lach, Saul & Tsiddon, Daniel. Staggering and
synchronization in price-setting: evidence from multiproduct
firms. 36p.
FEDERAL RESERVE BANK OF DALLAS. Research Department.
9609 Balke, Nathan S. & Wynne, Mark A. An equilibrium analysis
of relative price changes and aggregate inflation. 41p.
9604 Boisso, D., Grosskopf, Shawna & Hayes, Kathy. The response
of local governments to Reagan-Bush fiscal federalism. 20p.
9608 Brown, Stephen P.A. & Huntington, Hillard G. Some
implications of increased cooperation in world oil
conservation. 20p.
9606 Dolmas, Jim & Huffman, Gregory W. An exploration into the
effects of dynamic economic stabilization. 26p.
9603 Duca, John V. Inflation, unemployment, and duration. 6p.
9607 Hayes, Kathy J. & Ross, Leola B. Is airline price
dispersion the result of careful planning or competitive
forces?. 27p.
9605 Huffman, Gregory W. Endogenous tax determination and the
distribution of wealth. 43p.
FEDERAL RESERVE BANK OF MINNEAPOLIS. Research Department.
212 Atkeson, Andrew & Rios-Rull, Jose Victor. The balance of
payments and borrowing constraints: an alternative view of
the Mexican crisis. 25p.
FEDERAL RESERVE BANK OF NEW YORK. Research & Market Analysis Group.
14 Campa, Jose & Goldberg, Linda S. Investment, pass-through,
and exchange rates: a cross-country comparison. 59p.
13 Osler, C.L. & Carlson, John A. Rational speculators and
exchange rate volatility. 30p.
FEDERAL RESERVE BANK OF PHILADELPHIA. Economic Research Division.
9612 McAndrews, James J. Retail pricing of ATM network services.
27p.
9611 Mester, Loretta J. Measuring efficiency at U.S. banks:
accounting for heterogeneity is important. 23p.
9610 Ozlu, Elvan, Schlagenhauf, Don & Wrase, Jeffrey M. Exchange
rates and international relative prices and quantities in
equilibrium models w/ alternative pref. specific. 26p.
FEDERAL RESERVE BOARD. Finance & Economics Discussion Series.
9622 Bhasin, Vijay, Cole, Rebel A. & Kiely, Joseph K. Changes in
REIT liquidity 1990-94: evidence from intra-day
transactions. 31p.
9620 Duffee, Gregory R. Treasury yields and corporate bond yield
spreads: an empirical analysis. 34p.
9617 Fisher, Mark & Gilles, Christian. Around and around: the
expectations hypothesis. 23p.
9619 Judson, Ruth & Orphanides, Athanasios. Inflation,
volatility and growth. 28p.
9618 Kennickell, Arthur B. & Starr-McCluer, Martha. Household
saving and portfolio change: evidence from the 1983-89 SCF
panel. 40p.
9621 Orphanides, Athanasios. Compensation incentives and risk
taking behavior: evidence from mutual funds. 26p.
FEDERAL RESERVE BOARD. International Finance Papers.
553 Ammer, John. Macroeconomic state variables as determinants
of asset price covariances. 31p.
551 Iyigun, Murat F. & Owen, Ann L. The accumulation of human
capital: alternative methods and why they matter. 26p.
554 Kamin, Steven B. Real exchange rates and inflation in
exchange-rate based stabilizations: an empirical
examination. 55p.
555 Leahy, Michael P. & Thomas, Charles P. The sovereignty
option: the Quebec referendum and market views on the
Canadian dollar. 32p.
552 Uribe, Martin. The tequila effect: theory and evidence from
Argentina. 35p.
FEDERAL TRADE COMMISSION. Bureau of Economics.
200 Coate, Malcolm B., Kleit, Andrew N. & Bustamante, Rene.
Fight, fold or settle?: modeling the reaction to FTC merger
challenges. 31p.
205 Daniel, Timothy P. & Kleit, Andrew N. Disentangling
regulatory policy: the effects of state regulations on
trucking rates. 65p.
HEBREW UNIV. Center for Rationality & Interactive Decision Theory.
102 Aumann, Robert J. The case of the three widows (in Hebrew).
14p.
108 Aumann, Robert. On the state of the art in game theory.
39p.
103 El-Yaniv, Ran. There are infinitely many
competitive-optimal online list accessing algorithms. 17p.
104 Neyman, Abraham & Okada, Daijiro. Strategic entropy and
complexity in repeated games. 26p.
HEBREW UNIVERSITY. Department of Economics.
314 Bar-Nathan, Moshe, Beenstock, Michael & Haitovsky, Yoel. An
econometric model of the Israeli housing market. 45p.
309 Barkai, Haim. A Middle East development bank. 13p.
310 Beenstock, Michael. Training and the time to find a job.
29p.
312 Beenstock, Michael, Goldin, Ephraim & Haitovsky, Yoel. The
treatment of response bias in a conjoint analysis of power
outages. 39p.
316 Ber, Hedva. Causes and macroeconomic consequences of
disintermediation. 44p.
311 Galor, Oded. Convergence?: inferences from theoretical
models. 20p.
315 Galor, Oded & Tsiddon, Daniel. Technological progress,
mobility, and economic growth. 37p.
317 Halelvi, Nadav & Kleiman, Ephraim. Regional versus
non-regional integration: the case of the Middle East. 36p.
313 Kleiman, Ephraim. Ancient and medieval Rabbinic economic
thought: definitions, methodology and illustrations. 27p.
308 Yafeh, Yishay & Yosha, Oved. The strategic use of
relationship banking. 24p.
UNIVERSITY OF IOWA. Department of Economics.
9604 Blume, Andreas. Information transmission and preference
similarity. 27p.
9608 Lanot, Gathier & Neumann, George R. Measuring productivity
differences in equilibrium search models. 30p.
9607 Lobato, I.N. & Savin, N.E. Real and spurious long memory
properties of stock market data. 32p.
9605 Savin, N.E. & Wurtz, Allan. The effect of nuisance
parameters on the power of LM tests in logit and probit
models. 28p.
9606 Savin, N.E. & Wurtz, Allan. Power of tests in binary
response models. 14p.
JOHNS HOPKINS UNIVERSITY. Department of Political Economy.
368 Chiu, W. Henry & Karni, Edi. Endogenous adverse selection
and unemployment insurance. 23p.
366 Karni, Edi & Weymark, John A. An informationally
parsimonious impartial observer theorem. 11p.
367 Rajan, Ashvin V. A remark on the equilibrium set of pure
exchange economies. 8p.
UNIVERSITY OF KANSAS. Department of Economics.
96-3 Gangadharan, Jaisri & Rosenbloom, Joshua L. The effects of
childbearing on married women's labor supply and earnings:
using twin births as a natural experiment. 22p.
96-2 Lien, Donald & Wilson, Bradley K. Multiperiod hedging in
the presence of stochastic volatility. 18p.
96-5 Rosenbloom, Joshua L. The extent of the labor market in the
United States, 1850-1914. 29p.
96-4 Rosenbloom, Joshua L. Strikebreaking and the labor market
in the United States, 1881-1894. 31p.
LA TROBE UNIVERSITY. Department of Economics.
9528 Aiken, M. & McCrae, M. A financial accountability spectrum:
theoretical justification of constitutional compliance...
38p.
9531 Choe, Chongwoo. Auditor's legal liability and optimal audit
arrangement: a critical review and an expository theory.
33p.
9529 Edirisuriya, P. Telecommunications and economic growth:
empirical evidence from ASEAN countries. 28p.
9533 Silvapulle, Param. A Lagrange multiplier test for seasonal
fractional integration. 13p.
9532 Silvapulle, Param. Testing stationary nonnested short
memory against long memory processes. 15p.
9534 Silvapulle, Param. Unit root tests and structural breaks.
16p.
9530 Silvapulle, Param & Podivinsky, Jan M. The effect of
non-normal disturbances and conditional heteroskedasticity
on multiple cointegration tests. 18p.
UNIVERSITE DE LAUSANNE. Dept. d'Econometrie d' Econ. Politique.
9603 Hechler, Nannette. Environmental quality and economic
development. 38p.
LONDON SCHOOL OF ECONOMICS. Int'l. Centre for Econ & Related Disc.
305 Datta, Saikat. Building trust. 36p.
304 Datta, Saikat. On connections between renegotiation proof
sets of long finitely and infinitely repeated games with low
discounting. 48p.
303 Felli, Leonardo. Preventing collusion through discretion.
45p.
UNIVERSITE CATH. DE LOUVAIN. Ctr. for Op. Research & Econometrics.
9609 Belvaux, Gaetan, et al. Optimal placement of add/drop
multiplexers: static and dynamic models. 17p.
9614 Chevalier, Philippe B. Quality improvement through
inspection. 22p.
9612 d'Aspremont, Claude, Bhattacharya, Sudipto & Gerard-Varet,
Louis-Andre. Bargaining and sharing knowledge. 48p.
9624 Donati, Paola. Two roles for monetary policy when the asset
market is incomplete and information is asymmetric. 36p.
9576 Dutta, Jayasri & Morris, Stephen. The revelation of
information and self-fulfilling beliefs. 15p.
9604 El Babsiri, Mohamed & Zakoian, Jean-Michael.
Contemporaneous asymmetry in weak GARCH processes. 48p.
9607 Ginsburgh, Victor & Weber, Shlomo. Product lines and price
discrimination in the European car market. 15p.
9579 Heifetz, Aviad & Polemarchakis, Heracles M. Partial
revelation with rational expectations. 21p.
9603 Herings, P. Jean-Jacques. An extremely simple proof of the
K-K-M-S theorem. 7p.
9602 Jouvet, Pierre-Andre. Equivalence between labour managed
economy and capitalist economy and firms' indivisibility.
8p.
9619 Justel, Ana & Pena, Daniel. Bayesian unmasking in linear
models. 30p.
9601 Keen, Michael & Marchand, Maurice. Fiscal competition and
the pattern of public spending. 23p.
9606 Lejeune, Barnard. A full heteroscedastic one-way error
components model for incomplete panel: maximum likelihood
estimation and Lagra. 28p.
9623 Marini, Marco. Property rights and market: employee
privatization as a cooperative bargaining process. 35p.
9608 Mongin, Phillippe. A note on mixture sets in decision
theory. 9p.
9617 Ray, Indrajit. A remark on the consistency principle for
games in strategic form. 9p.
9618 Smith, Tony E. & Zenou, Yves. Dual labor markets, urban
unemployment and multicentric cities. 49p.
9613 van den AKker, Janna M. & van de Velde, Steef L. Parallel
machine scheduling by column generation. 20p.
9616 van den Akker, Janna M., Hurkens, C.A.J. & Savelsbergh,
Martin W.P. A time-indexed formulation for single machine
scheduling problems: branch and cut. 31p.
9577 Ventura, Luigi. Can irrelevant product differentiation
matter?. 21p.
9610 Wang, Yaoguang. Linear programming solvable location
problems on networks. 26p.
9615 Wauthy, Xavier & Zenou, Yves. How imperfect competition in
the labor market affects long-term unemployment policies.
32p.
9621 Wei, Jing-Yuan & Smeers, Yves. Procedures for computing
equilibria of the oligopoly expansion game under
predetermined multiperiod pricings, pt. I. 27p.
9622 Wei, Jing-Yuan & Smeers, Yves. Procedures for computing
equilibria of the oilgopoly expansion game under
predetermined multiperiod pricings, pt.II. 23p.
9620 Wei, Jing-Yuan & Smeers, Yves. Spatially oligopolistic
models with Cournot producers and regulated transportation
prices. 31p.
9611 Zhou, Lin. Bayesian utilitarianism. 15p.
9605 Zhou, Lin. Integral representation of continuous
comonotonically additive functionals. 17p.
MACQUARIE UNIVERSITY. Department of Economics.
1/96 Heaton, Chris. Public expenditure and private investment:
crowding-in and q-complementarity. 22p.
UNIVERSITY OF MARYLAND. Center for International Economics.
26 Drazen, Allan. Towards a political economy theory of
domestic debt. 26p.
25 Mendoza, Enrique G. & Uribe, Martin. The syndrome of
exchange rate based stabilizations and the uncertain
duration of currency pegs. 46p.
UNIVERSITY OF MARYLAND. Department of Economics.
9619 Betancourt, Roger & Gautschi, David. The nature of service
institutions: welfare enhancing constraints and primitive
economic activities. 36p.
9618 Binder, Michael & Pesaran, M. Hashem. Stochastic growth.
55p.
UNIVERSITY OF MELBOURNE. Department of Economics.
518 Agenor, Pierre R., et al. Consumption smoothing and the
current account: evidence from France, 1970-94. 18p.
520 Creedy, John. Poverty and inequality comparisons of
alternative tax structures. 29p.
522 Dixon, Robert. Apparent asymmtries in the relationship
between the participation rate and the employment rate in
Australia. 12p.
519 Gillman, Max. Optimality of exchange credit restrictions.
33p.
516 Gillman, Max. Price stability as optimal policy: costly
nominal adjustment in general equilibrium. 32p.
517 Hyde, Charles E. & Perloff, Jeffrey M. Multimarket power
estimation: the Australian retail meat sector. 25p.
523 McDonald, James T. & Worswick, Christopher. Unemployment
incidence of immigrants over the business cycle. 26p.
521 Pagan, Adrian R. & Martin, Vance L. Simulation estimation
of some factor models in econometrics. 39p.
MICHIGAN STATE UNIVERSITY. Department of Economics.
9510 Glomm, Gerhard & Ravikumar, B. Flat-rate taxes, government
spending on education, and growth. 22p.
MONASH UNIVERSITY. Department of Economics.
26/95 Boymal, Jonathan. The economics of alcohol addiction. 20p.
25/95 Haralambopoulos, Nicholas. The monetary transmission
mechanism. 29p.
1/96 Ng, Yew-Kwang. The paradox of interpersonal cardinal
utility: a proposed solution. 33p.
2/96 Niehans, Jurg. Adam Smith and the welfare cost of optimism.
28p.
NATIONAL BUREAU OF ECONOMIC RESEARCH. Working Papers.
5605 Acemoglu, Daron & Pischke, Jorn-Steffen. Why do firms
train?: theory and evidence. 49p.
5574 Bagwell, Kyle & Staiger, Robert W. Strategic export
subsidies and reciprocal trade agreements: the natural
monopoly case. 31p.
5582 Baldwin, Richard E. & Seghezza, Elena. Trade-induced
investment-led growth. 24p.
5584 Bebchuk, Lucian A. & Zingales, Luigi. Corporate ownership
structures: private versus social optimality. 35p.
5583 Benabou, Roland. Unequal societies. 34p.
5580 Brown, Chris & Corcoran, Mary. Sex-based differences in
school content and the male/female wage gap. 14p.
5587 Campbell, John Y. & Shiller, Robert J. A scorecard for
indexed government debt. 63p.
5572 Case, Anne & Deaton, Angus. Large cash transfers to the
elderly in South Africa. 38p.
5581 Clarida, Richard & Gertler, Mark. How the Bundesbank
conducts monetary policy. 69p.
5591 Cutler, David M. Public policy for health care. 52p.
5604 Daniel, Kent & Titman, Sheridan. Evidence on the
characteristics of cross sectional variation in stock
returns. 38p.
5606 DiNardo, John E. & Pischke, Jorn-Steffen. The returns to
computer use revisited: have pencils changed the wage
structure too?. 30p.
5567 Evans, William N., Farrelly, Matthew D. & Montgomery,
Edward. Do workplace smoking bans reduce smoking?. 50p.
5596 Farber, Henry S. The changing face of job loss in the
United States, 1981-1993. 64p.
5594 Fullerton, Don & Wu, Wenbo. Policies for green design.
22p.
5595 Fung, K.C. Accounting for Chinese trade: some national and
regional considerations. 55p.
5598 Glaeser, Edward L. Should transfer payments be indexed to
local price levels?. 31p.
5571 Gokhale, Jagadeesh, Kotlikoff, Laurence J. & Sabelhaus,
John. Understanding the postwar decline in U.S. saving: a
cohort analysis. 90p.
5608 Gruber, Jonathan & Cullen, Julie B. Spousal labor supply as
insurance: does unemployment insurance crowd out the added
worker effect?. 41p.
5578 Hamermesh, Daniel S. & Scoones, David. Multilevel "general
policy equilibria": evidence from the American unemployment
insurance tax ceiling. 30p.
5592 Hanson, Gordon H. & Spilimbergo, Antonio. Illegal
immigration, border enforcement, and relative wages:
evidence from apprehensions at the U.S.-Mexico border. 39p.
5589 Hines, James R. Tax policy and the activities of
multinational corporations. 54p.
5603 Holzer, Harry & Neumark, David. Are affirmative action
hires less qualified?: evidence from employer-employee data
on new hires. 44p.
5569 Hulten, Charles R. Quality change in capital goods and its
impact on economic growth. 46p.
5555 Kaestner, Robert. Drug use and AFDC participation: is there
a connection?. 33p.
5588 Klibanoff, Peter, Lamont, Owen & Wizman, Thierry A.
Investor reaction to salient news in closed-end country
funds. 38p.
5566 Kremer, Michael. How much does sorting increase
inequality?. 25p.
5593 Krishna, Kala, Roy, Suddhasatwa & Thursby, Marie.
Implementing market access. 36p.
5585 Lafontaine, Francine & Shaw, Kathryn L. The dynamics of
franchise contracting: evidence from panel data. 40p.
5601 Lichtenberg, Frank R. The effect of new political
administration on federal government productivity and
employment. 14p.
5597 McCallum, Bennett T. Crucial issues concerning central bank
independence. 23p.
5579 McCallum, Bennett T. Inflation targeting in Canada, New
Zealand, Sweden, the United Kingdom, and in general. 36p.
5607 Mankiw, N. Gregory & Poterba, James M. Stock market yields
and the pricing of municipal bonds. 20p.
5600 Mishkin, Frederic S. Understanding financial crises: a
developing country perspective. 49p.
5602 Petersen, Mitchell A. & Rajan, Raghuram G. Trade credit:
theories and evidence. 41p.
5599 Poterba, James M., Venti, Steven F. & Wise, David A.
Personal retirement saving programs and asset accumulation:
reconciling the evidence. 118p.
5575 Romer, Christina D. Inflation and the growth rate of
output. 39p.
5570 Ruhm, Christopher J. Are recessions good for your health?.
46p.
5576 Sachs, Jeffrey, Tornell, Aaron & Velasco, Andres. Financial
crises in emerging markets: the lessons from 1995. 63p.
5568 Samwick, Andrew A. & Skinner, Jonathan. Abandoning the nest
egg?: 401(k) plans and inadequate pension saving. 38p.
5590 Shapiro, Matthew D. & Wilcox, David W. Mismeasurement in
the consumer price index: an evaluation. 71p.
5552 Whalley, John. Why do countries seek regional trade
agreements?. 36p.
5577 Zucker, Lynne G. & Darby, Michael R. Costly information in
firm transformation, exit, or persistent failure. 26p.
NEW YORK UNIVERSITY. Salomon Brothers Center (Financial Inst).
9618 Allayannis, George & Ofek, Eli. Exchange rate exposure,
hedging, and the use of foreign currency derivatives. 31p.
96-6 Altman, Edward I. & Kishore, Vellore. Recoveries of
defaulted bonds: by industry and debt seniority. 21p.
96-2 Altman, Edward I. & Kishore, Vellore. Report on defaults
and returns on high yield bonds: analysis through 1995.
26p.
96-1 Altman, Edward I. & Morris, Anthony C. Report on the
investment performance of defaulted bonds for 1987-1995 and
market outlook. 22p.
9610 Altman, Edward I., Eberhart, Allan C. & Aggarawal, Reena.
The equity performance of firms emerging from bankruptcy.
30p.
9620 Berger, Philip G. & Ofek, Eli. Causes and effects of
corporate refocusing programs. 40p.
9612 Berger, Philip G., Ofek, Eli & Swary, Itzhak. Investor
valuation of the abandonment option. 44p.
9617 Berger, Philip G., Ofek, Eli & Yermack, David L. Managerial
entrenchment and capital structure decisions. 35p.
96-7 Carpenter, Jennifer N. The optimal dynamic investment
policy for a fund manager compensated with an incentive fee.
17p.
96-8 Carpenter, Jennifer N. The valuation and exercise of
executive stock options. 34p.
9619 Chatterjee, Sris, Dhillon, Upinder S. & Ramirez, Gabriel G.
Resolution of financial distress: debt restructuring via
Chapter 11, prepackaged bankruptcies, and workouts. 28p.
9614 Dhillon, Upinder S., Noe, Thomas & Ramirez, Gabriel G. Bond
calls, credible committment, and equity dilution: a
theoretical and clinical analysis of STAC offers. 40p.
9611 Dhillon, Upinder S., Noe, Thomas & Ramirez, Gabriel G.
Debtor in possession financing and the resolution of
uncertainty in Chapter 11 reorganizations. 37p.
96-9 Economides, Nicholas & White, Lawrence J. The inefficiency
of the efficient component pricing rule yet again: a reply
to Larson. 17p.
9616 Figlewski, Stephen. Remembering Fischer Black. 5p.
96-5 Ho, T.S., Stapleton, Richard C. & Subrahmanyam, Marti G.
The valuation of American options with stochastic interest
rates: a generalization of the Geske-Johnson technique.
23p.
9613 Huang, Jing-Zhi & Yu, G. George. Pricing and hedging
American options: a recursive integration method. 26p.
9615 Lynch, Anthony W. & Mendenhall, Richard R. New evidence on
stock price effects associated with changes in the S & P 500
index. 46p.
96-4 Subrahmanyam, Marti G. The term structure of interest
rates: alternative approaches and implications for the
valuation of contingent claim. 31p.
96-3 White, Lawrence J. Banking, mergers, and antitrust:
historical perspectives, and the research tasks ahead. 16p.
NEW YORK UNIVERSITY. Stern School of Business.
9609 Evans, Martin D.D. Index-linked debt and the real term
structure: new estimates and implications from the U.K. bond
market. 49p.
9608 Katz, Barbara G. & Owen, Joel. The investment choices of
voucher holders and their impact on privatized firm
performance. 37p.
UNIVERSITY OF PENNSYLVANIA. Center for Analytic Research in Econ.
9603 Shachmurove, Yochanan. Dynamic daily returns among Latin
Americans and other major world stock markets. 47p.
UNIVERSITAT POMPEU FABRA. Economics Working Papers.
157 Acemoglu, Daron & Zilibotti, Fabrizio. Agency costs in the
process of development. 39p.
163 Aragones, Enriqueta. Negativity effect and the emergence of
ideologies. 27p.
162 Aragones, Enriqueta & Neeman, Zvika. Strategic ambiguity in
electoral competition. 30p.
158 Ciccone, Antonio & Matsuyama, Kiminori. Efficiency and
equilibrium with locally increasing aggregate returns due to
demand complementarities. 21p.
160 Cuadras-Morato, Xavier & Wright, Randall. On money as a
medium of exchange when goods very by supply and demand.
37p.
164 Delicado, Pedro & del Rio, Manuel. Weighted kernel
regression. 16p.
165 Medrano Adan, Luis Angel. Market versus limit orders in an
imperfectly competitive security market. 39p.
161 Serrano, Roberto. A comment on the Nash program and the
theory of implementation. 8p.
UNIVERSIDADE CATOLICA PORTUGUESA. Departamento de Economia.
71 Canhoto, Ana. Technical efficiency in the Portuguese
banking sector: a non-parametric approach. 64p.
PRINCETON UNIVERSITY. Industrial Relations Section.
363 Barrow, Lisa. An analysis of women's labor force
participation following first birth. 36p.
364 Eisenberg, Theodore & Farber, Henry S. The litigious
plaintiff hypothesis: case selection and resolution. 34p.
PRINCETON UNIVERSITY. International Finance Section-Studies.
80 Kant, Chander. Foreign direct investment and capital
flight. 33p.
UNIVERSITA DI ROMA. Centro Interdipartimentale di Economia Int'l.
34 De Vincenti, Claudio & Mulino, Marcella. Understanding
unemployment dynamics in the transition: the role of
aggregate demand and investment. 29p.
SANTA FE INSTITUTE. Economics Research Program.
9628 Arthur, W. Brian. Increasing returns and the two worlds of
business. 12p.
TEL-AVIV UNIVERSITY. Foerder Institute of Economic Research.
9/96 Ben-David, Dan & Papell, David H. Slowdowns and meltdowns:
post-war growth evidence from 74 countries. 39p.
11/96 Dixit, Avinash, Grossman, Gene M. & Helpman, Elhanan.
Common agency and coordination: general theory and
application to tax policy. 33p.
12/96 Gandal, Neil & Shy, Oz. Standardization policy and
international trade. 24p.
10/96 Grossman, Gene M. & Helpman, Elhanan. Electoral competition
with policy compromise. 39p.
8/96 Kaminsky, Graciela L. & Leiderman, Leonardo. High real
interest rates in the aftermath of disinflation: is it a
lack of credibility?. 26p.
UNIVERSITY OF TOKYO. Faculty of Economics.
96-6 Holtfrerich, Carl L. & Iwami, Toru. Postwar central banking
reform: a German-Japanese comparison. 36p.
96-7 Ihori, Toshihiro. Taxes on capital accumulation and
economic growth. 20p.
9610 Kanemoto, Yoshitsugu. Housing question in Japan. 50p.
96-8 Kanemoto, Yoshitsugu. On the `lock-in' effects of capital
gains taxation. 21p.
96-9 Kanemoto, Yoshitsugu, Ohkawa, Toru & Suzuki, Tsutomu.
Agglomeration economies and a test for optimal city sizes in
Japan. 29p.
9611 Kunitomo, Naoto & Sato, Seisho. Stationary and
non-stationary simultaneous switching autoregressive models
with application to financial time serie. 37p.
96-5 Mochida, Nobuki. Japan's local allocation tax: an
equalization transfer scheme. 35p.
UNIVERSITA DEGLI STUDI DI VENEZIA. Dipartimento di Scienze Econ.
9618 Bardini, Carlo. Labour productivity in manufacturing: the
U.K. and Italy in the 20th century. 17p.
9606 Bertazzon, Stefania. The Dolomiti superski circuit: a
dynamic spatial system. 22p.
9616 Brunello, Giorgio & Medio, Alfredo. A job competition model
of workplace training and education. 47p.
9614 Gurisatti, Paolo, Soli, Vladimiro & Tattara, Giuseppe.
Patterns of diffusion of new technologies in metal working
small firms: the case of an Italian region. 45p.
9613 Roson, Roberto. Network markets and network evolution.
14p.
UNIVERSITY OF VICTORIA (BC). Department of Economics.
9608 Giles, David E.A & Keil, Andrea S. Applying the RESET test
in allocation models: a cautionary note. 15p.
9609 Giles, Judith A., Giles, David E.A. & Ohtani, Kazuhiro. The
exact risks of some pre-test and Stein-type regression
estimators under balanced loss. 25p.
UNIVERSITY OF VIENNA. Department of Economics.
9604 Bell, Clive & Clemenz, Gerhard. Credit markets with moral
hazard and heterogeneous valuations of collateral. 29p.
9606 Kubin, Ingrid & Rosner, Peter. Immigration, growth, and
distribution. 25p.
9605 Orosel, Gerhard O. & Schob, Ronnie. Internalizing
externalities in second-best tax systems. 22p.
9607 Scheicher, Martin. Nonlinear dynamics: evidence for a small
stock exchange. 21p.
UNIVERSITY OF VIRGINIA. Center for Studies in Political Economy.
269 Glomm, Gerhard & Ravikumar, B. Flat-rate taxes, government
spending on education, and growth. 22p.
268 Glomm, Gerhard & Ravikumar, B. Vouchers, public and private
education, and income distribution. 29p.
WASHINGTON UNIVERSITY. Center for the Study of American Business.
160 Hughes, Samuel. Regulatory budgeting. 38p.
161 Iijima, Timothy. Intergovernmental grants and their
differential effects on renters vs. owners: a
fiscal-federalist approach. 37p.
YALE UNIVERSITY. Economic Growth Center.
750 Boozer, Michael & Philipson, Tomas. The private demand for
information and the effects of public testing programs: the
case of HIV. 55p.
752 Corsetti, Giancarlo & Cavallari, Lilia. Policy making and
speculative attacks in models of exchange rate crises: a
synthesis. 26p.
751 Fardmanesh, Mohsen & Tan, Li. Price and trade
liberalization in East European economies. 38p.
749 Goto, Junichi. The impact of migrant workers on the
Japanese economy: trickle vs. flood. 43p.
753 Hamada, Koichi. The structure of arms races before and
after the end of the Cold War: from strategic substitutes to
strategic compl. 25p.
754 Hamada, Koichi & Goto, Junichi. Regional economic
integration and article XXIV of the GATT. 45p.
747 Lanzona, Leonardo A. Migration decisions, self-selection
and earnings in low income Philippine communities. 37p.
746 Ranis, Gustav. North-South conflicts and their management.
34p.
745 Ranis, Gustav. Will Latin America now put a stop to
"stop-and-go"?. 22p.
748 Srinivasan, T.N. & Robinson, James A. Long-term
consequences of population growth: technological change,
natural resources, and the environment. 131p.