New Acquisitions - February-March 2000
BANCO DE ESPANA. Servicio de Estudios.
9920 Andres, J., Hernando, I. & Lopez-Salido, J.D. The role of
the financial system in the growth-inflation link: the OECD
experience. 37p.
9922 Artola, Concha & Bell, Una-Louise. Identifying labour
market dynamics using labour force survey data. 47p.
9923 Ayuso, Juan & Blanco, Roberto. Has financial market
integration increased during the nineties? 39p.
9921 Estrada, Angel & Hernando, Ignacio. Microeconomic price
adjustments and inflation: evidence from Spanish sectoral
data. 34p.
BANK OF JAPAN. Institute for Monetary & Economic Studies.
2000-2 Baba, Naohiko. A note on hedging incentives for managers:
an application of the principal agent framework to risk
management. 30p.
2000-1 Baba, Naohiko & Fukao, Kyoji. Currency risk exposure of
Japanese firms with overseas production bases: theory and
evidence. 36p.
BEN GURION UNIVERSITY. Monaster Center for Economic Research.
9913 Arnon, A. & Weinblatt, J. Sovereignity and economic
development: the case of Israel and Palestine. 28p.
2000-2 Cohen-Zada, Danny & Justman, Moshe. Demand for public and
private education: theory and evidence. 42p.
2000-1 Einy, Ezra, Orzach, Ram & Sela, Aner. Dominance solvability
of second-price auctions with differential information.
28p.
9916 Gradstein, Mark & Justman, Moshe. Education, social
cohesion, and economic growth. 29p.
9914 Sonsino, Doron, Benzion, Uri & Mador, Galit. The complexity
effects on choice with uncertainty: experimental evidence.
43p.
UNIVERSITY OF CALIFORNIA-BERKELEY. Department of Economics.
273 Echenique, Federico. Comparative statics by adaptive
dynamics and the correspondence principle. 35p.
272 Hermalin, Benjamin E. & Katz, Michael L. Corporate
diversification and agency. 36p.
UNIVERSIDAD CARLOS III de MADRID. Dept. de Economia.
2000-6 Alba-Ramirez, Alfonso & Tugores, Maria. Training and
transitions out of employment in Spain. 40p.
9986 Barbera, Salvador & Perea, Andres. Supporting others and
the evolution of influence. 33p.
UNIVERSITY OF COPENHAGEN. Institute of Economics.
9915 Mollgaard, H. Peter & Overgaard, Per B. Market
transparency: a mixed blessing? 31p.
COWLES FOUNDATION FOR RESEARCH IN ECONOMICS AT YALE UNIVERSITY.
1248 Bergemann, Dirk & Valimaki, Jusso. Information acquisition
and efficient mechanism design. 49p.
1249 Sabourian, Hamid. Bargaining and markets: complexity and
the Walrasian outcome. 42p.
(ENGLAND) CENTRE FOR ECONOMIC POLICY RESEARCH.
2360 Andersen, Torben M. & Beier, Niels C. Noisy financial
signals and persistent effects of nominal shocks in open
economies. 40p.
2347 Barbosa, Natalia & Louri, Helen. Determinants of ownership
structure: a comparative analysis of multinational firms'
preferences in Greece & Portugal. 29p.
2324 Beetsma, Roel & Bovenberg, A. Lans. Inflation targets and
debt accumulation in a monetary union. 48p.
2316 Benhabib, Jess, Schmitt-Grohe, Stephanie & Uribe, Martin.
Monetary policy and multiple equilibria. 32p.
2314 Benhabib, Jess, Schmitt-Grohe, Stephanie & Uribe, Martin.
The perils of Taylor rules. 29p.
2359 Ber, Hedva, Yafeh, Yishay & Yosha, Oved. Conflict of
interest in universal banking: bank lending, stock
underwriting and fund management. 31p.
2353 Berger, Helge, de Haan, Jakob & Eijffinger, Sylvester C.W.
Central bank independence: an update of theory and evidence.
57p.
2367 Bianchi, Marco, Gudmundsson, Bjorn R. & Zoega, Gylfi.
Iceland's natural experiment in supply-side economics. 30p.
2350 Blomstrom, Magnus, Globerman, Steven & Kokko, Ari. The
determinants of host country spillovers from foreign direct
investment. 39p.
2361 Boone, Jan & van Ours, Jan C. Modelling financial
incentives to get unemployed back to work. 51p.
2323 Braconier, Henrik & Ekholm, Karolina. Swedish
multinationals and competition from high-and low-wage
locations. 44p.
2366 Buiter, Willem H. Optimal currency areas: why does the
exchange rate regime matter? 65p.
2331 Caballero, Ricardo J. & Hammour, Mohamad L. The cost of
recessions revisited: a reserve-liquidationist view. 37p.
2336 Cadot, Olivier, Roller, Lars-Hendrik & Stephan, Andreas. A
political economy model of infrastructure allocation: an
empirical assessment. 33p.
2333 Canova, Fabio & Pina, Joaquim P. Monetary policy
misspecification in VAR models. 44p.
2330 Cassiman, Bruno & Veugelers, Reinhilde. R & D cooperation
and spillovers: some empirical evidence. 36p.
2327 Cherian, Joseph A. & Perotti, Enrico. Option pricing and
foreign investment under political risk. 32p.
2358 Crepon, Bruno & Kramarz, Francis. Employed 40 hours or
not-employed 39: lessons from the 1982 mandatory reduction
of the workweek. 49p.
2339 Croux, Christophe, Forni, Mario & Reichlin, Lucrezia. A
measure of comovement for economic variables: theory and
empirics. 22p.
2311 Demirguc-Kunt, Asli & Huizinga, Harry. Market discipline
and financial safety net design. 45p.
2335 Dranove, David & Gandal, Neil. Network effects,
standarization and the Internet: what have we learned from
the DVD vs. DIVX battle? 19p.
2343 Eichengreen, Barry & Mody, Ashoka. Would collective action
clauses raise borrowing costs? 36p.
2354 Eijffinger, Sylvester, Hoeberichts, Marco & Schaling, Eric.
A theory of central bank accountability. 16p.
2319 Epstein, Gil S. & Nitzan, Shmuel. The endogenous
determination of minimum wage. 23p.
2352 Fernandez, Raquel & Rogerson, Richard. Sorting and long-run
inequality. 37p.
2313 Fersterer, Josef & Winter-Ebmer, Rudolf. Are Austrian
returns to education falling over time? 30p.
2338 Forni, Marco, et al. The generalized dynamic factor model:
identification and estimation. 24p.
2325 Freixas, Xavier, Parigi, Bruno & Rochet, Jean-Charles.
Systemic risk, interbank relations and liquidity provision
by the central bank. 33p.
2357 Fridolfsson, Sven-Olof & Stennek, Johan. Why mergers reduce
profits and raise share prices: a theory of pre-emptive
mergers. 43p.
2368 Friebel, Guido & Guriev, Sergei. Why Russian workers do not
move: attachment of workers through in-kind payments. 30p.
2307 Galor, Oded & Moav, Omer. From physical to human capital
accumulation: inequality in the process of development.
41p.
2345 Gourinchas, Pierre-Olivier & Parker, Jonathan A.
Consumption over the life cycle. 47p.
2356 Hau, Harald. Real exchange rate volatility and economic
openness: theory and evidence. 35p.
2364 Herbertsson, Tryggvi T., Skuladottir, Marta & Zoega, Gylfi.
Three symptoms and a cure: a contribution to the economics
of the Dutch disease. 31p.
2302 Horn, Henrik & Persson, Lars. The equilibrium ownership of
an international oligopoly. 43p.
2340 Horn, Henrik, Mavroidis, Petros C. & Nordstrom, Hakan. Is
the use of the WTO dispute settlement system biased? 30p.
2341 Jensen, Henrik. Targeting nominal income growth or
inflation? 42p.
2355 Kessler, Anke S. Optimal monitoring in hierarchical
relationships. 24p.
2334 Kilian, Lutz & Zha, Tao. Quantifying the half-life of
deviations from PPP: the role of economic priors. 33p.
2348 Kollintzas, Tryphon, Philippopoulos, Apostolis & Vassilatos,
Vanghelis. Is tax policy coordination necessary? 30p.
2312 Konrad, Kai A., et al. Geography of the family. 25p.
2326 Konrad, Kai A. Privacy, time consistent optimal labour
income taxation and education policy. 19p.
2306 Lippi, Francesco. Revisiting the case for a populist
central banker. 25p.
2349 Motta, Massimo & Polo, Michele. Leniency programs and
cartel prosecution. 37p.
2332 Munich, Daniel, Svejnar, Jan & Terrell, Katherine. Returns
to human capital under the communist wage grid and during
the transition to a market economy. 54p.
2310 Olarreaga, Marcelo, Soloaga, Isidro & Winters, L. Alan.
What's behind Mercosur's common external tariff? 41p.
2351 Reichlin, Pietro & Siconolfi, Paolo. Optimal debt contracts
and moral hazard along the business cycle. 43p.
2318 Riphahn, Regina T. Immigrant participation in social
assistance programs: evidence from German guestworkers.
38p.
2346 Rockinger, Michael & Urga, Giovanni. A time varying
parameter model to test for predictability and integration
in stock markets of transition economies. 30p.
2329 Rose, Andrew K. One money, one market: estimating the
effect of common currencies on trade. 47p.
2317 Schmidt, Klaus M. Convertible securities and venture
capital finance. 31p.
2315 Schmitt-Grohe, Stephanie. Endogenous business cycles and
the dynamics of output, hours, and consumption. 35p.
2328 Sibert, Anne. Monetary policy committees: individual and
collective reputations. 31p.
2321 Snower, Dennis J. Inequality of earnings. 59p.
2344 Stoughton, Neal M. & Zechner, Josef. Optimal capital
allocation using RAROC and EVA. 33p.
2342 Svensson, Lars E.O. How should monetary policy be conducted
in an era of price stability? 50p.
2308 Symeonidis, George. Price competition and market structure:
the impact of cartel policy on concentration in the U.K.
40p.
2322 Valletti, Tommaso M. Location choice and price
discrimination in a duopoly. 36p.
2320 Vanderbussche, Hylke, Veugelers, Reinhilde & Belderbos,
Rene. Undertakings and antidumping: jumping foreign direct
investment in Europe. 29p.
2363 van Ours, Jan C. & Ridder, Geert. Fast track or failure?: a
study of the completion rates of graduate students in
economics. 29p.
2337 Veugelers, Reinhilde & Cassiman, Bruno. Importance of
international linkages for local know-how flows: some
econometric evidence from Belgium. 24p.
2309 Zenou, Yves. Urban unemployment, agglomeration and
transportation policies. 44p.
THE MAURICE FALK INSTITUTE FOR ECONOMIC RESEARCH IN ISRAEL.
9904 Berman, Eli, Lang, Kevin & Siniver, Erez. Language skill
complementarity: returns to immigrant language acquisition.
33p.
9905 Perry, Motty & Reny, Philip J. An ex-post efficient
auction. 26p.
FEDERAL RESERVE BANK OF CHICAGO. Research Department.
9923 Aaronson, Daniel. A note on the benefits of homeownership.
17p.
9926 Ackert, Lucy F. & Hunter, William C. Intrinsic bubbles: the
case of stock prices, a comment. 14p.
9924 Barrow, Lisa & McGranahan, Leslie. The earned income credit
and durable goods purchases. 70p.
9927 Hao, Jonathan, Hunter, William C. & Yang, Won Keun.
Deregulation and efficiency: the case of private Korean
banks. 33p.
9928 Jacobson, Louis, LaLonde, Robert & Sullivan, Daniel.
Measures of program performance and the training choices of
displaced workers. 39p.
9922 Kouparitsas, Michael A. Is there evidence of the new
economy in the data? 25p.
9929 Worthington, Paula R. The value of relationships between
small firms and their lenders. 21p.
FEDERAL RESERVE BANK OF DALLAS. Research Department.
2000-1 Balke, Nathan S. & Wohar, Mark E. Why are stock prices so
high?: dividend growth or discount factor? 70p.
FEDERAL RESERVE BANK OF DALLAS. Financial Industry Studies.
3/99 Barr, Richard S., et al. Evaluating the productive
efficiency and performance of U.S. commercial banks. 47p.
FEDERAL RESERVE BOARD. Finance & Economics Discussion Series.
9968 Johnson, Kathleen W. Credit constraints, consumer leasing
and the automobile replacement decision. 23p.
9967 Orphanides, Athanasios & Wieland, Volker. Efficient
monetary policy design near price stability. 50p.
FEDERAL RESERVE BOARD. International Finance Papers.
656 Ahmed, Shaghil. Sources of economic fluctuations in Latin
America and implications for choice of exchange rate
regimes. 43p.
657 Doyle, Brian M. "Here, dollars, dollars.." - estimating
currency demand and worldwide currency substitution. 28p.
655 Ericsson, Neil R. & MacKinnon, James G. Distributions of
error correction test for cointegration. 46p.
658 Loretan, Mico & English, William B. Evaluating "correlation
breakdowns" during periods of market volatility. 31p.
654 Wright, Jonathan H. A simple approach to robust inference
in a cointegrating system. 27p.
HARVARD UNIVERSITY. Institute of Economic Research.
1877 Cooper, Richard N. Exchange rate choices. 33p.
1878 Glaeser, Edward L. & Scheinkman, Jose A. Measuring social
interactions. 57p.
1876 Grossman, Gene M. & Helpman, Elhanan. Incomplete contracts
and industrial organization. 42p.
1886 Harris, Christopher & Laibson, David. Dynamic choices of
hyperbolic consumers. 58p.
1880 Hart, Oliver & Moore, John. On the design of hierarchies:
coordination versus specialization. 52p.
1885 Johnson, Simon & Shleifer, Andrei. Coase vs. the Coasians.
58p.
1884 Kaul, Aditya, Mehrotra, Vikas & Morck, Randall. Demand
curves for stocks do slope down: new evidence from an index
weights adjustment. 28p.
1882 La Porta, Rafael, et al. Investor protection and corporate
valuation. 39p.
1883 La Porta, Rafael, et al. Investor protection: origins,
consequences, reform. 41p.
1879 Morck, Randall, Yeung, Bernard & Yu, Wayne. The information
content of stock markets: why do emerging markets have
synchronous stock price movements? 61p.
1881 Weitzman, Martin L. An "economics proof" of a separating
hyperplane theorem. 9p.
HEBREW UNIV. Center for Rationality & Interactive Decision Theory.
206 Haimanko, Ori. A note on monotone price rules for
homogeneous cost functions. 13p.
207 Hougaard, Jens L., Peleg, Bezalel & Thorlund-Petersen, Lars.
On the set of Lorenz-maximal imputations in the core of a
balanced game. 24p.
208 Moskinsky, Avital & Bar-Hillel, Maya. Where did 1850 happen
first: in America or in Europe?: a cognitive account for an
historical bias. 24p.
HITOTSUBASHI UNIVERSITY. Institute for Economic Research.
381 Booth, Alan E. A tentative comparison of the politics of
production: income doubling in the U.K. and Japan. 26p.
384 Dallago, Bruno. Small and medium size enterprises and local
productive systems: the Italian experience and Hungary.
44p.
379 Goto, Reiko, Suzumura, Kotaro & Yoshihara, Naoki. On the
existence of procedurally fair allocation rules in economic
environments. 47p.
383 Kurosaki, Takashi. Risk sharing arrangements and the
structure of risk and time preferences: theory and evidence
from village India. 44p.
382 Suzumura, Kotaro. Welfare economics beyond
welfarist-consequentialism. 42p.
HOOVER INSTITUTION. Domestic Studies Program.
98-2 della Paolera, Gerardo & Taylor, Alan M. Economic recovery
from the Argentine Great Depression: institutions,
expectations, and the change of macroeconomic . 36p.
98-3 Palacios-Huerta, Ignacio & Santos, Jesus J. An essay on the
competitive formation of preferences. 44p.
98-4 Richter, Rudolf. European Monetary Union: initial
situation, alternatives, prospects -- in the light of modern
institutional economics. 38p.
98-1 Taylor, Alan M. Latin America and foreign capital in the
twentieth century: economics, politics, and institutional
change. 32p.
UNIVERSITY OF ICELAND. Faculty of Economics & Business Admin.
2000-1 Coakley, Jerry, Fuertes, Ana-Maria & Zoega, Gylfi. Testing
the persistence and structuralist theories of unemployment.
26p.
2000-2 Eggertsson, Thrainn. Norms in economics, with special
reference to economic development. 30p.
INSTITUT NATIONAL DE LA STATISTIQUE ET DES ETUDES ECONOMIQUES.
9964 Bond, S., et al. Financial factors and investment in
Belgium, France, Germany and the U.K.: a comparison using
company panel data. 29p.
9956 Broze, L., Francq, C. & Zakoian, J.M. Efficient use of high
order autocorrelations for estimating autoregressive
processes. 17p.
9962 Carre, M. & Collard, F. Monetary union: a welfare based
approach. 25p.
9958 Casella, G., et al. Perfect slice samplers for mixtures of
distributions. 12p.
9955 Chone, P., Flochel, L. & Perrot, A. Allocating and funding
universal service obligations in a competitive network
market. 28p.
9959 Comte, F. Adaptive estimation of the spectrum of a
stationary Gaussian sequence. 29p.
9952 Delecroix, M., Hristache, M. & Patilea, V. Optimal
smoothing in semiparametric index approximation of
regression functions. 29p.
9957 Francq, C. & Zakoian, J.M. Linear representations based
estimation of switching-regime GARCH models. 38p.
9963 Gourieroux, G. & Jasiak, J. Nonlinear persistence and
copersistence. 29p.
9954 Lardjane, S. Nonparametric density estimation for
deterministic dynamical systems. 23p.
9965 Prigent, J.L., Renault, O. & Scaillet, O. An autoregressive
conditional binomial option pricing model. 21p.
9961 Prigent, J.L., Renault, O. & Scaillet, O. Option pricing
with discrete rebalancing. 18p.
UNIVERSITY OF IOWA. Department of Economics.
2000-1 Horowitz, Joel L. Semiparametric models. 17p.
IOWA STATE UNIVERSITY. Department of Economics.
332 Alfranca, Oscar & Huffman, Wallace E. Private R & D
investments in agriculture: the role of incentives and
institutions. 28p.
LONDON SCHOOL OF ECONOMICS. Financial Markets Group.
338 Caggese, Andrea. Financial constraints, precautionary
saving and firm dynamics. 31p.
339 Hege, Ulrich & Mella-Barral, Pierre. Collateral,
renegotiation and the value of diffusely held debt. 44p.
335 Perez-Quiros, Gabriel & Timmermann, Allan. Firm size and
cyclical variations in stock returns. 55p.
337 Willer, Dirk. If you can not beat them, join them:
management behvior in the absence of state guaranteed
shareholder rights. 29p.
UNIVERSITE CATH. DE LOUVAIN. Ctr. for Op. Research & Econometrics.
9959 Amir, Rabah & Lambson, Val E. On the effects of entry on
Cournot markets. 31p.
9967 Bloch, Francis & Rottier, Stephane. Agenda control in
coalition formation. 29p.
9966 Daxhelet, Olivier & Smeers, Yves. Variational inequality
models of restructured electricity systems. 38p.
9960 De Sinopoli, Francesco. A note on forward induction in a
model of representative democracy. 12p.
9964 Dreze, Jacques H. On the macroeconomics of uncertainty and
incomplete markets. 29p.
9962 Goemans, Michel X. & Rendl, Franz. Semidefinite programs
and association schemes. 11p.
9961 Goemans, Michel X., et al. Single machine scheduling with
release dates. 33p.
9965 Iannantuoni, Giovanna. Divided government and dominance
solvability. 13p.
9963 Skutella, Martin. Convex quadratic and semidefinite
programming relaxations in scheduling. 43p.
MACQUARIE UNIVERSITY. Department of Economics.
9/99 Heaton, Chris & Oslington, Paul. How much unemployment is
structural? 17p.
UNIVERSITY OF MELBOURNE. Department of Economics.
728 Addison, Tom & Worswick, Christopher. The impact of
immigration on the labour market outcomes of natives:
evidence from Australian micro data. 41p.
730 Dixon, Robert & Shepherd, David. Trends and cycles in
Australian state and territory unemployment rates. 58p.
731 Fine, Ben. Bringing the social back into economics:
progress or reductionism? 22p.
726 Guest, Ross S. & McDonald, Ian M. Demographic change in
Asia: the impact on optimal national saving, investment and
the current account. 46p.
732 Hirschberg, J.G. & Lloyd, P.J. An application of post-DEA
bootstrap regression analysis to the spillover of the
technology of foreign-invested ent. 29p.
727 Hyde, Charles E. Oligopoly pricing: the effects of search
cost structure and heterogeneity. 23p.
729 Messinis, George, Henry, Olan & Olekalns, Nilss. Rational
habit modification: the role of credit. 28p.
MONASH UNIVERSITY. Department of Econometrics & Bus. Statistics.
11/99 Maharaj, Elizabeth A. A test for the difference parameter
of the ARFIMA model using the moving blocks bootstrap. 18p.
12/99 Sarin, Rajiv & Vahid, Farshid. Predicting how people play
games: a simple dynamic model of choice. 19p.
13/99 Strachan, Rodney W. & Inder, Brett. Bayesian trace
statistics for the reduced rank regression model. 25p.
10/99 Snyder, Ralph D., Koehler, Anne & Ord, Keith. Forecasting
for inventory control with exponential smoothing. 28p.
14/99 Snyder, Ralph D. & Forbes, Catherine S. Understanding the
Kalman filter: an object oriented programming perspective.
10p.
UNIVERSITY OF MUNICH. Center for Economic Studies.
198 Cigno, Alessandro & Pettini, Anna. Taxing family size and
subsidising child-specific commodities?: optimal fiscal
treatment of households with endogenous fertility. 13p.
204 Fleming, Wendell H. & Stein, Jerome L. A stochastic optimal
control approach to international finance and foreign debt.
43p.
200 Franz, Wolfgang. Real and monetary challenges to wage
policy in Germany at the turn of the millenium: technical
progress, globalization and European Monetary Union. 44p.
206 Funke, Michael & Strulik, Holger. Growth and convergence in
a two-region model of unified Germany. 19p.
201 Hess, Gregory D. & Orphanides, Athanasios. War and
democracy. 37p.
199 Keller, Klaus, et al. Preserving the ocean circulation:
implications for climate policy. 36p.
203 Kose, M. Ayhan & Riezman, Raymond. Trade shocks and
macroeconomic fluctuations in Africa. 44p.
202 Poutvaara, Panu & Kanniainen, Vesa. Why to invest in your
neighbor?: social contract on educational investment. 17p.
205 Stein, Jerome L. & Paladino, Giovanna. Exchange rate
misalignments and crises. 61p.
NATIONAL BUREAU OF ECONOMIC RESEARCH. Working Papers.
7484 Adams, James D. Endogenous R & D spillovers and industrial
research productivity. 38p.
7496 Alesina, Alberto. The political economy of the budget
surplus in the U.S. 27p.
7488 Andersen, Torben G., et al. Exchange rate returns
standardized by realized volatility are (nearly) Gaussian.
21p.
7513 Anderson, Simon P. & Coate, Stephen. Market provision of
public goods: the case of broadcasting. 49p.
7532 Auerbach, Alan J. & Siegel, Jonathan M. Capital gains
realizations of the rich and sophisticated. 14p.
7467 Bartel, Ann P. Human resource management and performance in
the service sector: the case of bank branches. 38p.
7462 Baxter, Marianne & Kouparitsas, Michael A. What causes
fluctuations in the terms of trade? 26p.
7526 Benitez-Silva, Hugo, et al. How large is the bias in
self-reported disability? 47p.
7479 Black, Sandra E. & Lynch, Lisa M. What's driving the new
economy: the benefits of workplace innovation. 41p.
7486 Blanchflower, David G. Self-employment in OECD countries.
50p.
7487 Blanchflower, David G. & Oswald, Andrew J. Well-being over
time in Britain and the USA. 35p.
7510 Blaus, Francine D., Kahn, Lawrence M. & Waldfogel, Jane.
Understanding young women's marriage decisions: the role of
labor and marriage market conditions. 40p.
7497 Bodnar, Gordon M. & Wong, M.H. Franco. Estimating exchange
rate exposures: some weighty issues. 44p.
7459 Burnside, Craig, Eichenbaum, Martin & Fisher, Jonas D.M.
Assessing the effects of fiscal shocks. 42p.
7515 Burnside, Craig, Eichenbaum, Martin & Fisher, Jonas. Fiscal
shocks in an efficiency wage model. 21p.
7501 Cassoni, Adriana, Allen, Steven G. & Labadie, Gaston J. The
effects of unions on employment: evidence from an unnatural
experiment in Uruguay. 46p.
7482 Cecchetti, Stephen G. & Groschen, Erica L. Understanding
inflation: implications for monetary policy. 32p.
7524 Cheung, Yin-Wong, Chinn, Menzie D. & Marsh, Ian W. How do
U.K.-based foreign exchange dealers think their market
operates? 31p.
7498 Cochrane, John H. Money as stock: price level determination
with no money demand. 30p.
7520 Coronado, Julia L., Fullerton, Don & Glass, Thomas. The
progressivity of social security. 46p.
7489 Daniel, Kent & Titman, Sheridan. Market efficiency in an
irrational world. 26p.
7538 David, Paul A. & Hall, Bronwyn H. Heart of darkness:
modelling public-private funding interactions inside the R &
D black box. 27p.
7502 Davis, Steven J. & Henrekson, Magnus. Wage-setting
institutions as industrial policy. 57p.
7535 Decker, Sandra L. & Schwartz, Amy E. Cigarettes and
alcohol: substitutes or complements? 28p.
7531 Dooley, Michael P. Can output losses following
international financial crises be avoided? 28p.
7465 Dunne, Timothy, et al. Wage and productivity dispersion in
U.S. manufacturing: the role of computer investment. 61p.
7458 Eichengreen, Barry & Mody, Ashoka. Would collective action
clauses raise borrowing costs? 36p.
7525 Feenberg, Daniel R. & Poterba, James M. The income and tax
share of very high income households, 1960-1995. 14p.
7492 Feldstein, Martin & Liebman, Jeffrey. The distributional
effects of an investment-based social security system. 79p.
7517 Feldstein, Martin. The European Central Bank and the Euro:
the first year. 12p.
7508 Fernandez, Raquel & Rogerson, Richard. Sorting and long-run
inequality. 35p.
7474 Freeman, Richard B. & Schettkat, Ronald. The role of wage
and skill differences in U.S.-German employment differences.
32p.
7504 Fuchs, Victor R. Medicare reform: the larger picture. 28p.
7505 Fullerton, Don & Wolverton, Ann. Two generalizations of a
deposit-refund system. 10p.
7460 Giavazzi, Francesco, Jappelli, Tullio & Pagano, Marco.
Searching for non-linear effects of fiscal policy: evidence
from industrial and developing countries. 36p.
7527 Goldin, Claudia & Katz, Lawrence F. The power of the pill:
oral contraceptives and women's career and marriage
decisions. 47p.
7506 Gruber, Jonathan. Youth smoking in the U.S.: prices and
policies. 45p.
7512 Gruber, Jon & Saez, Emmanuel. The eleasticity of taxable
income: evidence and implications. 49p.
7507 Gruber, Jonathan & Koszegi, Botond. Is addiction
"rational"?: theory and evidence. 52p.
7483 Hahm, Joon-Ho & Mishkin, Frederic S. Causes of the Koream
financial crisis: lessons for policy. 77p.
7539 Haskel, Jonathan E. & Slaughter, Matthew J. Have falling
tariffs and transportation costs raised U.S. wage
inequality? 27p.
7470 Hendel, Igal & Lizzeri, Alessandro. The role of commitment
in dynamic contracts: evidence from life insurance. 34p.
7503 Henderson, Vernon. The effects of urban concentration on
economic growth. 42p.
7463 Horioka, Charles Y., et al. Are Americans more altruistic
than the Japanese?: a U.S.-Japan comparison saving and
bequest motives. 44p.
7471 Hulten, Charles R. Total factor productivity: a short
biography. 75p.
7511 Ireland, Peter N. Sticky-price models of the business
cycle: specification and stability. 33p.
7480 Jagannathan, Ravi & Srinivasan, Shaker B. Does product
market competition reduce agency costs? 20p.
7485 Janeba, Eckhard. Trade, income inequality, and government
policies: redistribution of income or education subsidies?
34p.
7523 Johnson, Simon, et al. Tunnelling. 13p.
7468 Jovanovic, Boyan. Growth theory. 13p.
7514 Kane, Edward J. Capital movements, banking insolvency, and
silent runs in the Asian financial crisis. 33p.
7453 Ke, Bin, Petroni, Kathy R. & Shackelford, Douglas A. The
impact of state taxes on self-insurance. 37p.
7509 Keller, Wolfgang. Geographic localization of international
technology diffusion. 56p.
7476 Keller, Klaus, et al. Preserving the ocean circulation:
implications for climate policy. 36p.
7533 Kessler, Daniel P. & McClellan, Mark B. How liability
affects medical productivity. 43p.
7537 Kessler, Daniel P. & McClellan, Mark B. Medical liability,
managed care, and defensive medicine. 32p.
7529 Kho, Bong-Chan, Lee, Dong & Stulz, Rene M. U.S. banks,
crises, and bailouts: from Mexico to Long Term Capital
Management. 24p.
7466 Klein, Michael W., Schuh, Scott & Triest, Robert K. Job
creation, job destruction, and the real exchange rate. 33p.
7530 Kremer, Michael & Chen, Daniel. Income distribution
dynamics with endogenous fertility. 59p.
7494 Krishna, Kala & Winston, Tor. If at first you don't
succeed...: profits, prices and market structure in a model
of quality with unknowable consumer heterogeneity. 47p.
7475 Kroszner, Randall S. & Stratmann, Thomas. Does political
ambiguity pay?: corporate campaign contributions and the
rewards to legislator reputation. 43p.
7495 Lanjouw, Jean O. & Cockburn, Iain. Do patents matter?:
empirical evidence after GATT. 44p.
7464 Lerner, Josh & Tsai, Alexander. Do equity financing cycles
matter?: evidence from biotechnology alliances. 42p.
7477 Lerner, Josh. 150 years of Patent Office practice. 44p.
7478 Lerner, Josh. 150 years of patent protection. 56p.
7522 Levine, Phillip B. & Zimmerman, David J. Children's welfare
exposure and subsequent development. 37p.
7541 McCarthy, F. Desmond, Wolf, Holger & Wu, Yi. The growth
costs of malaria. 31p.
7481 Markowitz, Sara. Criminal violence and alcohol beverage
control: evidence from an international study. 31p.
7500 Markowitz, Sara. The role of alcohol and drug consumption
in determining physical fights and weapon carrying by
teenagers. 36p.
7491 Meyer, Bruce D. & Rosenbaum, Dan T. Making single mothers
work: recent tax and welfare policy and its effects. 50p.
7542 Munasinghe, Lalith & Sicherman, Nachum. Why do dancers
smoke?: time preference, occupational choice, and wage
growth. 22p.
7472 Neumark, David. Changes in job stability and job security:
a collective effort to untangle, reconcile, and interpret
the evidence. 32p.
7519 Neumark, David, Schweitzer, Mark & Wascher, William. The
effects of minimum wages throughout the wage distribution.
37p.
7490 Onatski, Alexei & Stock, James H. Robust monetary policy
under model uncertainty in a small model of the U.S.
economy. 42p.
7518 Rangel, Antonio. Forward and backward intergenerational
goods: a theory of intergenerational exchange. 34p.
7493 Rigobon, Roberto. Identification through
heteroskedasticity: measuring "contagion" between
Argentinean and Mexican sovereign bonds. 32p.
7540 Rodrik, Dani. Institutions for high-quality growth: what
they are and how to acquire them. 48p.
7461 Romer, David. Keynesian macroeconomics without the LM
curve. 41p.
7528 Rousseau, Peter L. Jacksonian monetary policy, specie flow,
and the Panic of 1837. 43p.
7469 Sacerdote, Bruce. Peer effects with random assignment:
results for Dartmouth roommates. 48p.
7473 Slemrod, Joel & Yitzhaki, Shlomo. Tax avoidance, evasion,
and administration. 76p.
7516 Svensson, Lars E.O. How should monetary policy be conducted
in an era of price stability? 50p.
7499 Talvi, Ernesto & Vegh, Carlos A. Tax base variability and
procyclical fiscal policy. 36p.
7521 Venti, Steven F. & Wise, David A. Choice, chance, and
wealth dispersion at retirement. 69p.
7536 Zhou, Dongsheng, Spencer, Barbara J. & Vertinsky, Ilan.
Strategic trade policy with endogenous choice of quality and
asymmetric costs. 46p.
NEW YORK UNIVERSITY. Salomon Center (Stern School of Business).
9927 Acharya, Viral V. & Carpenter, Jennifer N. Callable
defaultable bonds: valuation, hedging, and optimal exercise
boundaries. 54p.
9925 Andersen, Torben G. et al. The distribution of exchange
rate volatility. 48p.
9929 Banerjee, Saugata, Heshmati, Almas & Wihlborg, Clas. The
dynamics of capital structure. 23p.
9941 Basak, Suleyman & Shapiro, Alexander. Value-at-risk based
risk management: optimal policies and asset prices. 34p.
9926 Christoffersen, Peter F. & Diebold, Francis X. How relevant
is volatility forecasting for financial risk management?
39p.
9924 Cuervo, Alvaro. The market for corporate control,
managerial defenses, and core shareholders: a comparison of
practices. 35p.
9923 Cuervo, Alvaro. Reasons for mergers and acquisitions:
organizational and non-explicit factors as determinants of
success. 23p.
9922 Das, Sanjiv Ranjan & Sundaram, Rangarajan K. Fee speech:
signalling and the regulation of mutual fund fees. 36p.
9932 Engle, Robert & Rosenberg, Joshua. Testing the volatility
term structure using option hedging criteria. 28p.
9928 Hussain, Qaizar & Wihlborg, Clas. Corporate insolvency
procedures and bank behavior: a study of selected Asian
economies. 46p.
9942 Merrick, John J. Crisis dynamics of implied default
recovery ratios: evidence from Russia and Argentina. 33p.
9939 Nelson, Lee. Dividend policy and clientele rationality.
51p.
9937 Rosenberg, Joshua. Asset pricing puzzles: evidence from
options markets. 27p.
9933 Rosenberg, Joshua & Engle, Robert. Empirical pricing
kernels. 42p.
9934 Rosenberg, Joshua. Empirical tests of interest rate model
pricing kernels. 33p.
9936 Rosenberg, Joshua. Implied volatility functions: a reprise.
21p.
9938 Rosenberg, Joshua. Option-based tests of interest rate
diffusion functions. 20p.
9935 Rosenberg, Joshua. Semiparametric pricing of multivariate
contingent claims. 27p.
9931 Saunders, Anthony. Low inflation: the behavior of financial
markets and institutions. 57p.
9940 Shapiro, Alexander. The investor recognition hypothesis in
a dynamic general equilibrium: theory and evidence. 48p.
9930 Wachtel, Paul. Market oriented banking, economic growth and
international financial stability. 14p.
NORWEGIAN SCHOOL OF ECONOMICS & BUSINESS ADMINISTRATION.
2/2000 Baldwin, Richard E., et al. EU integration and outsiders: a
simulation study of industrial location. 25p.
1/2000 Knarvik, Karen H.M. & Steen, Frode. Vertical industry
linkages: sources of productivity gains and cumulative
causation? 23p.
OHIO STATE UNIVERSITY. Department of Economics.
9920 Byeon, Young Hwan & Ogaki, Masao. An empirical
investigation of exchange rates and the term structure of
interest rates. 30p.
9921 Ogaki, Masao & Santaella, Julio A. The exchange rate and
the term structure of interest rates in Mexico. 24p.
2000-1 Pevehouse, Jon C. & Zhao, Jingang. Modeling strategic and
cooperative behavior within NATO. 18p.
UNIVERSITY OF OTTAWA. Department of Economics.
2000-1 Coulombe, Serge. The Canada-U.S. productivity growth
paradox: an economic or a statistical puzzle? 46p.
UNIVERSITY OF OXFORD. Nuffield College.
9927 List, Christian. Multidimensional inequality measurement: a
proposal. 23p.
9926 Nunziata, Luca. The effects of labour market institutions
on the employment dynamics over the cycle. 51p.
UNIVERSITY OF PENNSYLVANIA. Institute for Economic Research.
2000-1 Chang, Youngsung, Gomes, Joao & Schorfheide, Frank.
Persistence. 34p.
PRINCETON UNIVERSITY. Industrial Relations Section.
430 Bertrand, Marianne & Mullainathan, Sendhil. Agents with and
without principals. 14p.
431 Bertrand, Marianne & Mullainathan, Sendhil. Do CEOs set
their own pay?: the ones without principals do. 56p.
QUEEN'S UNIVERSITY. Institute for Economic Research.
991 Nishimura, Yukihiro. Optimal nonlinear income taxation for
reduction of envy. 28p.
UNIVERSITY OF VIENNA. Department of Economics.
9902 Dierker, Egbert, Dierker, Hildegard & Grodal, Birgit.
Incomplete markets and the firm. 28p.
9905 Hauser, Ursula & Konig, Ulrich. Parimutuel lotteries:
gamblers' behavior and the demand for tickets. 19p.
9903 Kaufmann, Sylvia, Scharler, Johan & Winckler, Georg. The
Austrian current account deficit: driven by twin deficits or
by intertemporal expenditure allocation? 19p.
9901 Maderner, Nina. Powerful wives and faithful husbands. 44p.
9904 Neeman, Zvika & Orosel, Gerhard O. Corporate vote-trading
as an instrument of corporate governance. 31p.
9906 Ramsauer, Andreas. Heterogeneous discount factors in an
assignment model with search frictions. 33p.
COWLES FOUNDATION AT YALE UNIVERSITY. Reprint Series.
986 Phillips, Peter C.B. & Moon, Hyungsik R. Linear regression
limit theory for nonstationary panel data.
985 Tobin, James. Financial globalization: can national
currencies survive?