New Acquisitions - May, 1995

                                                           PAGE   1


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

     284    Cabeza-Gutes, Maite.  On the concept of weak sustainability.
             20p.                                                       
     288    de Frutos, M.A. & Masso, J.  More on the uniform allocation 
            rule: equality and consistency.  16p.                       
     289    de Frutos, M.A. & Masso, J.  The uniform allocation rule and
            the nucleolus.  5p.                                         
     287    Macho-Stadler, I. & Perez-Castrillo, D.  Random audits in   
            tax evasion models.  14p.                                   
     291    Medrano-Adan, Luis A.  Market versus limit orders in an     
            imperfectly competitive security market.  41p.              

     BOSTON UNIVERSITY.  Department of Economics.                       

     35     Gonzalo, Jesus & Pitarakis, Jean-Yves.  On the exact moments
            of non-standard asymptotic distributions in non stationary  
            autoregressions with dependent erro.  22p.                  
     36     Gonzalo, Jesus & Lee, Tae-Hwy.  Relative power of t type    
            tests for stationary and unit root processes.  17p.         

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

     57     Cabral, Luis M.B. & Riordan, Michael H.  Predation with a   
            learning curve.  35p.                                       
     56     Krishna, Vijay & Rosenthal, Robert.  Simultaneous auctions  
            with synergies.  36p.                                       

     UNIVERSITY OF CALIFORNIA-SAN DIEGO.  Department of Economics.      

     1/95   Hahm, Joon-Ho.  Consumption growth, income growth and       
            earnings uncertainty.  33p.                                 

     UNIVERSITY OF CALIFORNIA-SANTA BARBARA.  Department of Economics.  

     2/95   Frech, H.E.  Physician fees and price controls.  33p.       

     UNIVERSITY OF CANTERBURY.  Department of Economics.                

     9503   Fountain, John, McCosker, Michael & Macfarlane, Bruce.      
            Framing and incentive effects on risk attitudes when facing 
            uncertainty losses.  32p.                                   
     9502   Guender, Alfred V. & Young, Robin.  Long term and short term
            aggregate uncertainty and the effect on real output.  26p.  

     UNIVERSIDAD CARLOS III de MADRID.  Dept. de Economia.              

     9511   Boldrin, Michele & Rustichini, Aldo.  Equilibria with social
            security.  37p.                                             
     9510   Casteneda, Ana, Diaz-Gimenez, Javier & Rios-Rull,           
            Jose-Victor.  Unemployment spells and income distribution   
            dynamics.  38p.                                             
     9508   Estrada, Javier.  Insider trading: regulation, risk         
            reallocation, and welfare.  12p.                            



                                                           PAGE   2

     9509   Estrada, Javier.  Insider trading: regulation, securities   
            markets, and welfare under risk aversion.  40p.             
     9439   Herguera, Inigo, Kujal, Praveen & Petrakis, Emmanuel.       
            Quantity restrictions and endogenous quality choice.  20p.  
     9507   Ruiz-Castillo, Javier.  Interpersonal welfare comparisons,  
            redistributive effects, and horizontal inequities in the    
            income tax system.  24p.                                    

     CENTRE D'ETUDES PROS. D'ECON MATH APPLIQUEES A LA PLANIFICATION.   

     9422   Caillaud, Bernard & Rey, Patrick.  Strategic aspects of     
            delegation.  12p.                                           
     9419   Dionne, G., et al.  Debt, moral hazard and airline safety:  
            empirical evidence.  36p.                                   
     9423   Gourieroux, C.  Les modeles econometriques: utilisation et  
            interpretation.  45p.                                       
     9424   Grandmont, Jean-Michel.  Expectations formation and         
            stability of large socioeconomic systems.  57p.             
     9426   Laskar, Daniel.  "Time inconsistency" of the optimal        
            monetary policy: a case for target zones.  23p.             
     9420   Picard, Pierre.  Auditing claims in insurance markets with  
            fraud: the credibility issue.  41p.                         

     (ENGLAND) CENTRE FOR ECONOMIC POLICY RESEARCH.                     

     1158   Anderson, Kym.  The entwining of trade policy with          
            environmental and labour standards.  35p.                   
     1136   Anderson, Simon P., de Palma, Andre & Thisse, Jacques F.    
            Privatization and efficiency in a differentiated industry.  
            25p.                                                        
     1161   Audretsch, David B. & Feldman, Maryann P.  Innnovative      
            clusters and the industry life cycle.  28p.                 
     1152   Audretsch, David B.  The innovation, unemployment and       
            competitiveness challenge in Germany.  35p.                 
     1162   Audretsch, David B., et al.  Sub-optimal scale firms and    
            compensating factor differentials in Dutch manufacturing.   
            32p.                                                        
     1156   Carraro, Carlo & Soubeyran, Antoine.  Environmental         
            feedbacks and optimal taxation in oligopoly.  36p.          
     1159   Gordon, Robert J.  Is there a trade-off between unemployment
            and productivity growth?.  65p.                             
     1166   Grabowski, Maciej & Smith, Stephen.  The taxation of        
            entrepreneurial income in a transition economy: issues      
            raised by experience in Poland.  43p.                       
     1135   Grosfeld, Irena & Roland, Gerard.  Defensive and strategic  
            restructuring in Central European enterprises.  56p.        
     1150   Hoekman, Bernard.  Tentative first steps: an assessment of  
            the Uruguay Round Agreement on services.  51p.              
     1147   Sako, Mari.  Supppliers' associations in the Japanese       
            automobile industry: collective action for technology       
            diffusion.  35p.                                            
     1144   Schaffer, Mark E.  Government subsidies to enterprises in   
            Central and Eastern Europe: budgetary subsidies and tax     
            arrears.  47p.                                              




                                                           PAGE   3


     UNIVERSITY OF ESSEX.  Department of Economics.                     

     437    Chambers, Marcus J.  Long memory and aggregation in         
            macroeconomic time series.  25p.                            
     438    Chambers, M.J. & Bailey, R.E.  The price of wheat in early  
            modern England.  25p.                                       
     439    Ohta, Hiroshi & Yoshida, Chisato.  International migration, 
            profit-sharing and national welfare.  37p.                  
     441    Price, Simon.  Aggregate uncertainty, investment and        
            asymmetric adjustment in the U.K. manufacturing sector.     
            17p.                                                        
     440    Price, Simon.  Employment, hours, wages adjustment and      
            supply in U.K. manufacturing: identifying a long run        
            structure.  15p.                                            

     FEDERAL RESERVE BANK OF ATLANTA.  Research Department.             

     95-1   Whitt, Joseph A.  European Monetary Union: evidence from    
            structural VARs.  29p.                                      

     FEDERAL RESERVE BANK OF DALLAS.  Research Department.              

     9502   Haslag, Joseph H.  Inflation and intermediation in a model  
            with endogenous growth.  37p.                               

     FEDERAL RESERVE BANK OF KANSAS CITY.  Research Division.           

     95-4   Bonser-Neal, Catherine & Tanner, Glenn.  Central bank       
            intervention and the volatility of foreign exchange rates:  
            evidence from the options market.  35p.                     
     9503   Neal, Robert.  Direct tests of index arbitrage models.  36p.
     9502   Neal, Robert & Wheatley, Simon.  How reliable are adverse   
            selection models of the bid-ask spread?.  36p.              

     FEDERAL RESERVE BANK OF MINNEAPOLIS.  Research Department.         

     189    Geweke, John & Zhou, Guofo.  Measuring the pricing error of 
            the arbitrage pricing theory.  36p.                         
     190    Holmes, Thomas J.  Localization of industry and vertical    
            disintegration.  44p.                                       
     188    Mercenier, Jean & Schmitt, Nicholas.  On sunk costs and     
            trade liberalization in applied general equilibrium.  28p.  

     FEDERAL RESERVE BANK OF PHILDELPHIA.  Economic Research Division.  

     95-3   Allen, Franklin & Gale, Douglas.  A welfare comparison of   
            intermediaries and financial markets in Germany and the U.S.
             51p.                                                       

     FEDERAL RESERVE BOARD.  Finance & Economics Discussion Series.     

     9510   Carroll, Christopher D. & Kimball, Miles S.  On the         
            concavity of the consumption function.  13p.                




                                                           PAGE   4

     95-9   Kortum, Samuel S. & Eaton, Jonathan.  Trade in ideas:       
            patenting and productivity in the OECD.  37p.               

     HONG KONG UNIVERSITY OF SCIENCE & TECHNOLOGY.  Dept. of Economics. 

     95-4   Chan, Louis.  A general economic analysis of corruption.    
            21p.                                                        
     95-9   Devarajan, Shantayanan, Xie, Danyang & Zou, Heng-Fu.  Does  
            public capital formation promote economic growth?.  27p.    
     9511   Lee, Lung-Fei.  A basic recursion for Markov switching      
            models.  9p.                                                
     95-5   Lee, Lung-Fei.  A likelihood simulator for dynamic          
            disequilibrium models.  50p.                                
     9512   Lee, Lung-Fei.  Simulation estimation of dynamic switching  
            regression & dynamic disequilibrium models: some Monte Carlo
            results.  66p.                                              
     9510   Qiu, Larry D.  R & D investment and product diffentiation:  
            Cournot vs. Bertrand competition.  22p.                     
     95-8   Qiu, Larry.  Why can't countervailing duties deter export   
            subsidization?.  29p.                                       
     95-1   Razin, Assaf & Yuen, Chi-Wa.  Capital income taxation and   
            long run growth: new perspectives.  31p.                    
     95-2   Razin, Assaf & Yuen, Chi-Wa.  Utilitarian tradeoff between  
            population growth and income growth.  11p.                  
     95-3   Wang, Susheng.  The determinants of aggregate wealth.  30p. 
     95-7   Xie, Danyang.  A technical issue in Stackelberg differential
            games.  18p.                                                
     95-6   Zhao, Haiying.  The mechanism whereby trade influences      
            growth: empirical evidence.  25p.                           

     HOOVER INSTITUTION.  Domestic Studies Program.                     

     9411   Glaeser, Edward L. & Mare, David C.  Cities and skills.     
            48p.                                                        
     95-2   Glaeser, Edward L., Sacerdote, Bruce & Scheinkman, Jose A.  
            Crime and social interactions.  71p.                        
     9410   Glaeser, Edward L. & Scheinkman, Jose A.  Neither a borrower
            nor lender be: an economic analysis of interest restrictions
            and usury laws.  54p.                                       
     95-1   Glaeser, Edward L. & Scheinkman, Jose A.  The transition to 
            free markets: where to begin privatization.  27p.           
     95-3   Judd, Kenneth L.  The optimal tax on capital income is      
            negative.  30p.                                             

     BANCA DE ITALIA.  Research Department.                             

     249    Buehrer, Timothy & Di Mauro, Filippo.  Computable general   
            equilibrium models as tools for policy analysis in          
            developing countries: some basic principles a.  88p.        
     251    Fornari, Fabio & Mele, Antonio.  Sign and                   
            volatility-switching ARCH models: theory and applications to
            international stock markets.  41p.                          
     252    Nicoletti-Altimari, Sergio & Thomson, Mary D.  The effect of
            liquidity contraints on consumption and labor supply:       
            evidence from Italian households.  52p.                     



                                                           PAGE   5

     250    Smaghi, Lorenzo B. & Tristani, Oreste.  The 1992-93 EMS     
            crisis: assessing the macroeconomic costs.  30p.            

     LA TROBE UNIVERSITY.  Department of Economics.                     

     9408   Athukorala, Premanchandra & Menon, Jayant.  Exchange rates  
            and strategic pricing: the case of Swedish machinery        
            exports.  18p.                                              
     9407   Athukorala, Premanchandra & Wickramasekara, Piyasiri.       
            International labor migration statistics in Asia: an        
            appraisal.  27p.                                            
     9404   Frost, Lionel & Dingle, Tony.  Infrastructure, technology   
            and change: an historical perspective.  30p.                
     9409   McCormack, Darcy & Withers, Glenn.  Youth and unemployment  
            in Australia: a causality analysis and implications for     
            policy.  10p.                                               
     9403   Maddock, Rodney.  Institutions, constitutions and reform.   
            21p.                                                        

     LONDON SCHOOL OF ECONOMICS.  Financial Markets Group.              

     205    Kiyotaki, Nobuhiro & Moore, John.  Credit cycles.  56p.     
     203    Repullo, Rafael & Suarez, Javier.  Credit markets and real  
            economic activity: a model of financial intermediation.     
            46p.                                                        
     204    Schoenmaker, Dirk.  A comparison of alternative interback   
            settlement systems.  34p.                                   

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

     285    Kiyotaki, Nobuhiro & Moore, John.  Credit cycles.  56p.     
     283    Roberts, Kevin.  Objective interpersonal comparisons of     
            utility.  31p.                                              

     UNIVERSITY OF LONDON-BIRKBECK COLLEGE.  Department of Economics.   

     4/95   Bandyopadhyay, Subhayu & Wall, Howard J.  Customs unions or 
            free trade area?: the role of political asymmetries.  14p.  
     2/95   Bertoletti, Paolo & Poletti, Clara.  Yardstick contracts and
            internal firm inefficiency.  22p.                           
     3/95   Douglas, Stratford & Wall, Howard J.  The revealed costs of 
            unemployment.  18p.                                         

     UNIVERSITY OF MARYLAND.  Department of Economics.                  

     9504   Oates, Wallace E.  Estimating the demand for public goods:  
            the collective choice and contingent valuation approaches.  
            40p.                                                        
     95-5   Sullivan, Timothy S.  Ex ante divorce probability and       
            investment in marital-specific assets: an application to    
            home ownership.  38p.                                       

     UNIVERSITY OF MELBOURNE.  Department of Economics.                 

     455    Creedy, John.  Means-tested versus universal transfers.     
            25p.                                                        


                                                           PAGE   6

     456    Creedy, John.  Taxes, transfers and income distribution:    
            some computer programs.  31p.                               
     453    Hirschberg, Joseph G.  The simulation of concentration and  
            diversity measures from firm-level financial data.  33p.    
     457    Hirschberg, J.G. & Slottje, D.J.  An extreme bounds approach
            to modelling wage discrimination.  18p.                     
     454    Hyde, Charles E.  Heterogeneity and inefficiency in         
            bargaining models of decentralised trade.  9p.              
     458    McDonald, Ted.  A micro-level view of industrial action in  
            the Australian mining and manufacturing industries          
            1983-1992.  42p.                                            

     UNIVERSITA DEGLI STUDI DI MILANO. Dipt. Econ. Politica e Aziendale.

     9410   Checchi, Daniele, Ichimo, Andrea & Rustichini, Aldo.  Social
            mobility and efficiency: a re-examination of the problem of 
            intergenerational mobility in Italy.  29p.                  
     9409   Florio, Massimo.  Cost benefit analysis of infrastructure in
            the context of EU regional policy.  21p.                    

     UNIVERSITY OF MINNESOTA.  Economic Development Center.             

     95-4   Diao, Xinshen & Roe, Terry.  Environment, welfare and gains 
            from trade: a North-South model in general equilibrium.     
            46p.                                                        

     NATIONAL BUREAU OF ECONOMIC RESEARCH.  Working Papers.             

     5050   Alesina, Alberto & Spolaore, Enrico.  On the number and size
            of nations.  48p.                                           
     5072   Altonji, Joseph G. & Dunn, Thomas A.  The effects of school 
            and family characteristics on the return to education.  48p.
     5063   Aoki, Reiko & Prusa, Thomas J.  Product development and the 
            timing of information disclosure under U.S. and Japanese    
            patent systems.  30p.                                       
     5056   Bagwell, Kyle & Staiger, Robert W.  Collusion over the      
            business cycle.  52p.                                       
     5073   Basu, Susanto & Fernald, John G.  Are apparent productive   
            spillovers a figment of specification error?.  33p.         
     5057   Borenszstein, Eduardo, De Gregorio, Jose & Lee, Jong-Wha.   
            How does foreign direct investment affect economic growth?. 
            27p.                                                        
     5058   Card, David & McCall, Brian P.  Is workers' compensation    
            covering uninsured medical costs?: evidence from the `Monday
            effect'.  45p.                                              
     5078   Case, Karl E., Shiller, Robert J. & Weiss, Allan N.         
            Mortgage default risk and real estate prices: the use of    
            index-based futures and options in real estate.  34p.       
     5052   Currie, Janet & Gruber, Jonathan.  Health insurance         
            eligibility, utilization of medical care, and child health. 
            51p.                                                        
     5049   Eaton, Jonathan & Kortum, Samuel.  Trade in ideas: patenting
            and productivity in the OECD.  37p.                         
     5061   Feenstra, Robert C.  Exact hedonic price indexes.  44p.     




                                                           PAGE   7

     5051   Feenstra, Robert C.  Estimating the effects of trade policy.
             62p.                                                       
     5054   Feldstein, Martin.  Social security and saving: new time    
            series evidence.  19p.                                      
     5055   Feldstein, Martin.  Tax avoidance and the deadweight loss of
            the income tax.  41p.                                       
     5064   Fischer, Stanley.  Modern approaches to central banking.    
            72p.                                                        
     5071   Glower, Michel, Haurin, Donald R. & Hendershott, Patric H.  
            Selling price and selling time: the impact of seller        
            motivation.  31p.                                           
     5067   Griliches, Zvi & Mairesse, Jacques.  Production functions:  
            the search for identification.  39p.                        
     5053   Gruber, Jonathan.  The incidence of payroll taxation:       
            evidence from Chile.  33p.                                  
     5062   Hansen, Wendy L. & Prusa, Thonmas J.  Cumulation and        
            International Trade Commission decision making: the sum of  
            the parts is greater than the whole.  41p.                  
     5070   Haurin, Donald R., Wachter, Susan M. & Hendershott, Patric  
            H.  Wealth accumulation and housing choices of young        
            households: an exploratory investigation.  49p.             
     5069   Hendershott, Patric H. & LaFayette, William C.  Debt usage  
            and mortgage choice: sensitivity to default insurance costs.
             45p.                                                       
     5068   Henderson, Rebecca, Jaffe, Adam B. & Trajtenberg, Manuel.   
            Universities as a source of commercial technology: a        
            detailed analysis of university patenting 1965-1988.  39p.  
     5074   LaFayette, William C., Haurin, Donald R. & Hendershott,     
            Patric H.  Endogenous mortgage choice, borrowing constraints
            and the tenure decision.  33p.                              
     5060   Lee, Jong-Wha.  Government interventions and productivity   
            growth in Korean manufacturing industries.  38p.            
     5066   Levine, Philip B., Trainor, Amy B. & Zimmerman, David J.    
            The effect of Medicaid abortion funding restrictions on     
            abortions, pregnancies, and births.  40p.                   
     5075   McCallum, Bennett T.  Two fallacies concerning central bank 
            independence.  13p.                                         
     5059   Mamuneas, Theofanis P. & Nadiri, M. Ishaq.  Public R & D    
            policies and cost behavior of the U.S. manufacturing        
            industries.  49p.                                           
     5076   Murnane, Richard J., Willett, John B. & Levy, Frank.  The   
            growing importance of cognitive skills in wage              
            determination.  46p.                                        
     5065   Ruhm, Christopher J. & Teague, Jackqueline L.  Parental     
            leave policies in Europe and North America.  33p.           

     NATIONAL BUREAU OF ECONOMIC RESEARCH.  Technical Papers.           

     177    Christiano, Lawrence J. & den Haan, Wouter J.  Small sample 
            properties of GMM for business cycle analysis.  49p.        
     176    West, Kenneth D. & Wilcox, David W.  A comparison of        
            alternative instrumental variables estimators of a dynamic  
            linear model.  55p.                                         

     NEW YORK UNIVERSITY.  Center for Applied Economics.                

     9502   Benhabib, Jess & Farmer, Roger E.A.  Indeterminacy and      
            sector-specific externalities.  25p.                        
                                                           PAGE   8

     9508   Benhabib, Jess & Gali, Jordi.  On growth and indeterminacy: 
            some theory and evidence.  71p.                             
     9501   Brams, Steve J., Taylor, Alan D. & Zwicker, William S.  A   
            moving-knife solution to the four-person envy-free          
            cake-division problem.  16p.                                
     9509   Gali, Jordi.  Product diversity, endogenous markups, and    
            development traps.  33p.                                    
     9505   Goldberg, Linda & Tenorio, Rafael.  Strategic behavior in   
            two-sided foreign exchange auctions.  35p.                  
     9504   Ramsey, James B.  If nonlinear models cannot forecast, what 
            use are they?.  30p.                                        
     9503   Ramsey, James B. & Zhang, Zhifeng.  The analysis of foreign 
            exchange data using waveform dictionaries.  22p.            
     9507   Rogoff, Kenneth.  What remains of purchasing power parity?. 
            34p.                                                        
     9506   Tornell, Aaron & Velasco, Andres.  Fixed versus flexible    
            exchange rates: which provides more fiscal discipline?.     
            35p.                                                        

     NEW YORK UNIVERSITY.  Salomon Brothers Center (Financial Inst).    

     95-6   Altman, Edward I. & Haldeman, Robert.  Corporate credit     
            scoring models: approaches and standards for successful     
            implementation.  28p.                                       
     95-3   Altman, Edward I. & Kishore, Vellore.  Report on defaults   
            and returns on high yield bonds: analysis through 1994.     
            27p.                                                        
     95-2   Altman, Edward I. & Simon, Bobe E.  Report on the investment
            performance of defaulted bonds for 1994 and 1987-1994.  18p.
     95-7   Altman, Edward I. & Bencivenga, Joseph C.  A yield premium  
            model for the high yield debt market.  28p.                 
     95-5   Berger, Allen N. & Udell, Gregory F.  Relationship lending  
            and lines of credit in small firm finance.  47p.            
     95-4   Fluck, Zsuzsanna.  The optimality of debt versus outside    
            equity.  32p.                                               
     95-9   Fluck, Zsuzsanna.  The predictability of stock returns: a   
            cross-sectional simulation.  23p.                           
     95-8   Jagtiani, Julapa.  Characteristics of banks that are more   
            active in the swap market.  15p.                            

     NEW YORK UNIVERSITY.  Stern School of Business.                    

     95-4   Economides, Nicholas & White, Lawrence J.  Access and       
            interconnection pricing: how efficient is the "efficient    
            component pricing rule?".  23p.                             

     NORWEGIAN SCHOOL OF ECONOMICS & BUSINESS ADMINISTRATION.           

     5/95   Hakonsen, Lars.  Optimal commodity taxation with a binding  
            CO2 restriction.  14p.                                      

     UNIVERSITY OF PENNSYLVANIA.  Center for Analytic Research in Econ. 

     9503   Dutta, Jayasri & Morris, Stephen.  The revelation of        
            information and self-fulfulling beliefs.  36p.              



                                                           PAGE   9

     9505   Morris, Stephen.  Cooperation and timing.  7p.              
     9504   Morris, Stephen.  Justifying rational expectations.  16p.   

     UNIVERSITAT POMPEU FABRA.  Economics Working Papers.               

     98     Acemoglu, Daron & Zilibotti, Fabrizio.  Was Prometheus      
            unbound by chance?: risk, diversification and growth.  63p. 
     94     Fauli-Oller, Ramon & Motta, Massimo.  Why do owners let     
            their managers pay too much for their acquisitions?.  26p.  
     99     Foucault, Thierry.  Price formation and order placement     
            strategies in a dynamic order driven market.  43p.          
     97     Gambardella, Alfonso & Garcia-Fontes, Walter.  Regional     
            linkages through European research funding.  35p.           
     92     Jimenez-Martin, Sergi.  The wage effect of an indexation    
            clause: evidence from Spanish manufacturing firms.  59p.    
     100    Marimon, Ramon & Zilibotti, Fabrizio.  `Actual' versus      
            `virtual' employment in Europe: why is there less employment
            in Spain?.  48p.                                            
     96     Serra, Daniel & ReVelle, Charles.  Competitive location in  
            discrete space.  31p.                                       

     PRINCETON UNIVERSITY.  Industrial Relations Section.               

     343    Card, David.  The Wage Curve: A review.  35p.               

     PRINCETON UNIVERSITY.  International Finance Section-Essays.       

     195    Buira, Ariel.  Reflections on the International Monetary    
            System.  41p.                                               
     196    Takagi, Shinji.  From recipient to donor: Japan's official  
            aid flows 1945 to 1990 and beyond.  36p.                    

     PRINCETON UNIVERSITY.  International Finance Section-Studies.      

     77     Leamer, Edward E.  The Heckscher-Ohlin model in theory and  
            practice.  46p.                                             

     PRINCETON UNIVERSITY.  Woodrow Wilson School-Papers in Economics.  

     177    Besley, Timothy & Coate, Stephen.  An economic model of     
            representative democracy.  61p.                             
     175    Grossman, Gene M. & Helpman, Elhanan.  Technology and trade.
             77p.                                                       
     176    Maggi, Giovanni.  Strategic trade policies with endogenous  
            mode of competition.  42p.                                  

     PURDUE UNIVERSITY.  Inst. for Research in Behav, Econ & Mgmt Sci.  

     1078   Alsemgeest, Paul, Noussair, Charles & Olson, Mark.          
            Experimental comparisons of auctions under single and       
            multi-unit demand.  45p.                                    
     1075   Chaturvedi, Alok R.  SimDS: a simulation environment for the
            design of distributed database systems.  26p.               
     1076   Kovenock, Dan & Roy, Suddhasatwa.  Free riding in           
            non-cooperative entry deterrence with differentiated        
            products.  39p.                                             


                                                           PAGE  10

     1077   Matheny, Kenneth J. & Farmer, Roger E.A.  The macroeconomics
            of self-fulfilling prophecies.  21p.                        

     UNIVERSITE DU QUEBEC A MONTREAL.  Dept. des Sciences Economiques.  

     9505   Leonard, Robert J.  Sign, society, and structure: game      
            theory and the linguistic turn in social science.  22p.     

     QUEEN'S UNIVERSITY.  Institute for Economic Research.              

     922    Banerjee, Anindya, Dolado, Juan J. & Mestre, Ricardo.  On   
            the power of cointegration tests: dimension invariance vs.  
            common factors.  43p.                                       
     923    Gregory, Allan W. & Watt, David G.  Sources of variation in 
            international real interest rates.  32p.                    

     SANTA FE INSTITUTE.  Economics Research Program.                   

     9529   Brock, William A. & Hommes, Cars H.  Rational routes to     
            randomness.  93p.                                           
     9504   Lane, David, et al.  Choice and action.  31p.               

     UNIVERSITY OF SASKATCHEWAN.  Department of Economics.              

     95-7   Cushman, David O., Lee, Sang Sub & Thorgeirsson, Thorstein. 
            Maximum likelihood estimation of cointegration in exchange  
            rate models for seven inflationary OECD countries.  47p.    
     95-5   Altman, Morris.  Business cycle volatility and economic     
            growth: the historical record, 1870-1986.  29p.             
     95-4   Echevarria, Cristina.  Canadian agricultural production     
            function.  19p.                                             
     95-6   Echevarria, Cristina.  Effects of trade on growth in a model
            with land.  28p.                                            
     95-3   Knight, John L., Satchell, Stephen E. & Tran, Kien C.       
            Statistical modelling of asymmetric risk in asset returns.  
            24p.                                                        
     95-1   Tran, Kien C.  Estimating mixtures of normal distributions  
            via empirical characteristic functions.  36p.               
     95-2   Tran, Kien C.  Information matrix test for ARMA models.     
            30p.                                                        

     TEL-AVIV UNIVERSITY.  Foerder Institute of Economic Research.      

     7/95   Asdrubali, Pierfederico, Sorensen, Bent & Yosha, Oved.      
            Channels of interstate risksharing: U.S., 1963-1990.  29p.  
     5/95   Frankel, David M.  Commitment and capital taxation with an  
            infinite horizon.  27p.                                     
     6/95   Frankel, David M.  Search with telephones and differentiated
            products.  34p.                                             
     4/95   Yafeh, Yishay & Yosha, Oved.  Large shareholders and banks: 
            who monitors and how?.  30p.                                
     3/95   Yosha, Oved.  Diversification and competition: financial    
            intermediation in a large Cournot - Walras economy.  33p.   

     UNIVERSITY OF TOKYO.  Faculty of Economics.                        

     9510   Horiuchi, Akiyoshi.  An evaluation of Japanese financial    
            liberalization: a case study of corporate bond markets.     
            49p.                                                        
                                                           PAGE  11

     95-7   Horiuchi, Akiyoshi.  Liberalization and stability in the    
            Japanese financial system: an overview.  55p.               
     95-6   Ihori, Toshihiro.  International public goods and           
            contribution productivity differentials.  21p.              
     95-8   Itoh, Motoshige & Urata, Shujiro.  Small and medium         
            enterprise support policies in Japan.  122p.                
     95-5   Nishimura, Kiyohiko G.  Non-price competition and social    
            welfare in oligopoly.  21p.                                 
     9512   Takahashi, Nobuo.  Lukewarm feeling in Japanese firms:      
            effective temperature hypothesis and thermometer.  30p.     
     9511   Takahashi, Nobuo.  A single garbarge can model and the      
            degree of anarchy in Japanese firms.  32p.                  
     95-9   Yajima, Yoshihiro.  Estimation of the frequency of unbounded
            spectral densities.  32p.                                   

     UNIVERSITA DEGLI STUDI DI VENEZIA.  Dipartimento di Scienze Econ.  

     9502   Detemple, Jerome B. & Gottardi, Piero.  Aggregation,        
            efficiency, and mutual fund separation in incomplete        
            markets.  29p.                                              

     UNIVERSITY OF VICTORIA (BC).  Department of Economics.             

     95-2   Stewart, Kenneth G.  Exact testing in multivariate          
            regression.  34p.                                           

     UNIVERSITY OF WARWICK.  Department of Economics.                   

     433    Fraser, Clive.  Risk, insurance and the demand for          
            irreplaceable commodities, the case of children.  25p.      
     434    Scharf, Kimberley A.  International capital tax evasion and 
            the foreign tax credit puzzle.  23p.                        
     432    Zolkiewski, Zbigniew.  Modelling monopolistic behaviour of  
            products and households within a CGE framework: a simple    
            model for Poland.  47p.                                     

     UNIVERSITY OF WASHINGTON.  Institute of Economic Research.         

     9506   Chan, Hsiu-Yi & Wong, Kar-yiu.  Intra-industry trade and    
            investment.  48p.                                           
     9508   Engel, Charels.  Why is the forward exchange rate forecast  
            biased?: A survey of recent evidence.  113p.                
     9502   Leffler, Keith B., Rucker, Randal R. & Munn, Ian.           
            Transaction costs and the collection of information: presale
            measurement on private timber sales.  33p.                  
     9501   Pollak, Robert A.  Regulating risks.  36p.                  
     9503   Rose, Eliana.  Consumption smoothing and excess female      
            mortality in rural India.  28p.                             
     9505   Wong, Kar-yiu.  Curvature of the production possibility     
            frontier under variable returns: was J. Tinbergen wrong?.   
            15p.                                                        
     9507   Wong, Kar-yiu.  Fundamental trade theorems under external   
            economies of scale.  32p.                                   
     9504   Wong, Kar-yiu & Yang, Xiaokai.  An extended Dixit-Stiglitz  
            model with the trade-off between economies of scale and     
            transaction costs.  28p.                                    


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