New Acquisitions - May-June 1998
UNIVERSIDAD DE ALICANTE. Dept. de Fundamentos de Analisis Econ.
9802 Alcalde, Jose & Revilla, Pablo. The role of unions in
hiring procedures for job markets. 13p.
9803 Perez, Felipe. Private experience in adaptive learning
models. 34p.
9801 Peris, Josep E., Sanchez, M. Carmen & Subiza, Begona.
Numerical representation of choice functions. 23p.
ATHENS UNIVERSITY OF ECONOMICS & BUSINESS. Dept. of Economics.
92 Petersen, Hans-Georg. Redistribution and the
efficiency/justice tradeoff. 34p.
AUSTRALIAN NATIONAL UNIVERSITY. Faculty of Economics.
337 Apps, Patricia F. & Rees, Ray. On the taxation of trade
within and between households. 25p.
341 Jack, William. Controlling risk selection incentives when
health insurance contracts are endogenous. 29p.
340 Jack, William. Equilibrium in competitive insurance markets
with ex ante adverse selection and ex post moral hazard.
36p.
336 Jack, William. Managing competition in the health insurance
market. 36p.
339 Pitchford, Rohan. Judgement proofness (for New Palgrave
Dictionary of Law & Economics). 9p.
338 Pitchford, Rohan. Moral hazard and limited liability: the
real effects of contract bargaining. 9p.
BANK OF JAPAN. Institute for Monetary & Economic Studies.
98-4 Kobayakawa, Shuji. Designing incentive compatible
regulation in banking: role of penalty in the precommitment
approach. 18p.
98-3 Yonetani, Tatsuya & Katsuo(asami), Yuko. Fair value
accounting and regulatory capital requirements. 19p.
UNIVERSIDAD AUTONOMA DE BARCELONA. Dept. de Economia et de Emet.
414 Adsera, Alicia & Boix, Carles. Must we choose:? European
unemployment, American inequality and the impact of
education & labor market institutions. 42p.
413 Adsera, Alicia. Sectoral spillovers and the price of land:
a cost analysis. 31p.
412 Jelovac, Izabela & Macho-Stadler, Ines. Comparing
organizational structures in health services. 30p.
411 Montuenga-Gomez, Victor Manuel. Price convergence during
the EC lifetime. 23p.
UNIV. DE BARCELONA. Div. de Ciencies Juridiques, Econ i Socials.
25 Carrion i Silvestre, Josep L., Sanso i Rossello, Andreu &
Ortuno, Manual Artis. Response surfaces for the
Dickey-Fuller unit root test with structural breaks. 20p.
26 Esteller-More, Alejandro. A model of regional equalisation
transfers under asymmetric information w/ reference to the
Spanish financing syste. 27p.
23 Sanroma, Esteban & Ramos, Raul. Interprovincial wage
differences in Spain: a microdata analysis. 34p.
24 Valdero, Emili. An application of a time series inequality
to the detection of non-invertible moving average processes.
16p.
BEN GURION UNIVERSITY. Monaster Center for Economic Research.
98-1 Shalit, Haim & Yitzhaki, Shlomo. Estimating beta. 28p.
BOSTON UNIVERSITY. Dept. of Economics-Industry Studies Program.
86 Rodriguez-Planas, Nuria. Playing hard to get: theory and
evidence on layoffs, recalls and unemployment. 50p.
87 Weiss, Andrew. The fair tax: a tax proposal to smooth
business cycles, encourage investment and remove biases
against small firms. 22p.
UNIV. OF CALIFORNIA-BERKELEY. Ctr. for Int'l. & Devel. Econ. Res.
96 Obstfeld, Maurice & Peri, Giovanni. Regional nonadjustment
and fiscal policy: lessons for EMU. 73p.
UNIVERSITY OF CALIFORNIA-SANTA BARBARA. Department of Economics.
3/98 Bohn, Henning. Risk sharing in a stochastic overlapping
generations economy. 44p.
4/98 Bohn, Henning. Should the social security trust fund hold
equities?: an intergenerational welfare analysis. 45p.
5/98 Bohn, Henning. Will social security and Medicare remain
viable as the U.S. population is aging?. 65p.
14/97 Danger, Kenneth L. & Frech, H.E. Exclusive contracts
between hospitals and physicians. 8p.
2/98 Ponti, Giovanni & Seymour, Robert M. Evolutionary stability
of inequality structures. 35p.
1/98 Yang, Der-Yuan. The origin of the Bank of England: a
credible commitment to sovereign debt. 10p.
BANK OF CANADA. Technical Reports.
81 Freedman, Charles. The Canadian banking system. 38p.
82 Freedman, Charles & Goodlet, Clyde. The financial services
sector: past changes and future prospects. 41p.
COLUMBIA UNIVERSITY. Grad. School of Business-Paine Webber Series.
9711 Amir, Eli & Benartzi, Shlomo. Accounting recognition of
additional minimum liability affects pension asset
allocation: empirical evidence. 40p.
9713 Amir, Eli, Kirschenheiter, Michael & Willard, Kristen. Firm
valuation with deferred taxes: a theoretical framework.
41p.
9712 Broadie, Mark, Glasserman, Paul & Kou, Steve. Connecting
discrete and continuous path-dependent options. 34p.
9710 Heal, Geoffrey & Lin, Yun. The value of avoiding climate
change. 9p.
9714 Ohlson, James A. & Zhang, Xiao-Jun. On the theory of
forecast-horizon in equity valuation. 19p.
UNIVERSITY OF COPENHAGEN. Centre for Industrial Economics.
9802 Albaek, Svend & Schultz, Christian. On the relative
advantage of cooperatives. 8p.
9803 Albaek, Svend & Overgaard, Per B. Signalling and rent
extraction via contract proposals in franchising. 38p.
9804 Hertzendorf, Mark N. & Overgaard, Per B. Will the
high-quality producer please stand up?: a model of duopoly
signaling. 48p.
9805 Krishna, Kala & Tranaes, Torben. Allocating multiple units
by sealed-bid auctions. 39p.
UNIVERSITY OF COPENHAGEN. Institute of Economics.
9806 Tarp, Finn, et al. Danish aid policy: theory and empirical
evidence. 43p.
COWLES FOUNDATION FOR RESEARCH IN ECONOMICS AT YALE UNIVERSITY.
1175 Brown, Donald J. & Matzkin, Rosa L. Estimation of
nonparametric functions in simultaneous equations models,
with an application to consumer demand. 18p.
1173 Herings, P. Jean-Jacques & Vannetelbosch, Vincent J. The
equivalence of the Dekel-Fudenberg iterative procedure and
weakly perfect rationalizability. 11p.
1176 Moscarini, Giuseppe & Smith, Lones. Wald revisited: the
optimal level of experimentation. 36p.
1172 Shiller, Robert J. Human behavior and the efficiency of the
financial system. 33p.
1174 Shubik, Martin. Some simple games for teaching and
research, part 1: cooperative games. 17p.
(ENGLAND) CENTRE FOR ECONOMIC POLICY RESEARCH.
1859 Bowlus, Audra J. & Eckstein, Zvi. Discrimination and skill
differences in an equilibrium search model. 40p.
1854 Burgess, Simon & Profit, Stefan. Externalities in the
matching of workers and firms in Britain. 33p.
1838 Cao, Yuanzheng, Qian, Yingyi & Weingast, Barry R. From
federalism, Chinese style, to privatization, Chinese style.
38p.
1863 Cordella, Tito & Grilo, Isabel. `Globalization' and
relocation in a vertically differentiated industry. 18p.
1810 Dixon, Huw David. Keeping up with the Joneses: competition
and the evolution of collusion in an oligopolistic economy.
24p.
1861 Eckstein, Zvi & Wolpin, Kenneth I. Youth employment and
academic performance in high school. 61p.
1832 Eckstein, Zvi, Mira, Pedro & Wolpin, Kenneth I. A
quantative analysis of Swedish fertility dynamics,
1751-1990. 33p.
1866 Edison, Hali J., Luangaram, Pongsak & Miller, Marcus. Asset
bubbles, domino effect and "lifeboats": elements of the East
Asian crisis. 38p.
1828 Eichengreen, Barry & Rose, Andrew K. Staying afloat when
the wind shifts: external factors and emerging-market
banking crises. 45p.
1856 Falkinger, Josef & Zweimuller, Josef. Learning for
employment, innovating for growth. 24p.
1864 Fischer, Andreas M. & Zurlinden, Mathias. Interventions
versus customer transactions: an alternative test of the
signalling hypothesis. 27p.
1872 Flandreau, Marc, Le Cacheux, Jacques & Zumer, Frederic.
Stability without a pact?: lessons from the European gold
standard, 1880-1914. 54p.
1862 Geroski, Paul A. An applied econometrician's view of large
company performance. 38p.
1867 Geroski, Paul A., Small, Ian & Walters, Chris F.
Agglomeration economies, technology spillovers and company
productivity growth. 40p.
1814 Green, Richard & McDaniel, Tanga. Competition in
electricity supply: will `1998' be worth it?. 36p.
1857 Greenaway, David & Torstensson, Johan. Economic geography,
comparative advantage and trade within industries: evidence
from the OECD. 23p.
1873 Habib, Michael A. & Ljungqvist, Alexander P. Headline
underpricing and entrepreneurial wealth losses in IPOs:
theory and evidence. 38p.
1858 Herrendorf, Berthold, Valentinyi, Akos & Waldmann, Robert.
Ruling out indeterminacy: the role of heterogeneity. 27p.
1865 Honohan, Patrick. Does PPP-adjusted data exaggerate the
relative size of poor economies?. 29p.
1839 Konings, Jozef & Repkin, Alexander. How efficient are firms
in transition countries: firm-level evidence from Bulgaria
and Romania. 26p.
1860 Konings, Jozef, Vandenbussche, Hylke & Veugelers, Reinhilde.
Union wage bargaining and European antidumping policy in
imperfectly competitive markets. 31p.
1835 Lizal, Lubomir & Svejnar, Jan. Enterprise investment during
the transition: evidence from Czech panel data. 47p.
1801 Rajan, Raghuram G., Servaes, Henri & Zingales, Luigi. The
cost of diversity: the diversification discount and
inefficient investment. 50p.
1870 Ritter, Peer & Walz, Uwe. Local unemployment and
specialization. 28p.
1871 Sinn, Hans-Werner. European integration and the future of
the welfare state. 18p.
1806 Zingales, Luigi. Corporate governance. 20p.
1855 Zweimuller, Josef & Brunner, Johann K. Innovation and
growth with rich and poor consumers. 23p.
THE MAURICE FALK INSTITUTE FOR ECONOMIC RESEARCH IN ISRAEL.
9802 Beenstock, Michael & Klinov, Ruth. The determinants of
separations from employment: Israel, 1969-1992. 38p.
FEDERAL RESERVE BANK OF ATLANTA. Research Department.
98-3 Zavodny, Madeline. Determinants of recent immigrants'
locational choices. 26p.
98-4 Zavodny, Madeline. The effects of official English laws on
limited-English proficient workers. 36p.
FEDERAL RESERVE BANK OF CHICAGO. Research Department.
98-2 Alvarez, Fernando & Veracierto, Marcelo. Search,
self-insurance and job security provisions. 54p.
FEDERAL RESERVE BANK OF KANSAS CITY. Research Division.
9801 Lagunoff, Roger D. & Schreft, Stacey L. A model of
financial fragility. 44p.
FEDERAL RESERVE BANK OF MINNEAPOLIS. Research Department.
246 Cole, Harold L. & Ohanian, Lee E. The demand for money and
the nonneutrality of money. 45p.
247 McGrattan, Ellen R. Comments on Gordon, Leeper, and Zha's
"Trends in velocity and policy expectations". 15p.
FEDERAL RESERVE BANK OF NEW YORK. Research & Market Analysis Group.
39 Estrella, Arturo & Rodrigues, Anthony P. Consistent
covariance matrix estimation in probit models with
autocorrelated errors. 23p.
FEDERAL RESERVE BANK OF PHILADELPHIA. Economic Research Division.
98-9 Burdett, Kenneth, Shi, Shouyoung & Wright, Randall. Pricing
with frictions. 28p.
9810 Hughes, Joseph P., et al. The dollars and sense of bank
consolidation. 37p.
FEDERAL RESERVE BOARD. Finance & Economics Discussion Series.
9815 Berger, Allen N. & Udell, Gregory F. The economics of small
business finance: the roles of private equity and debt
markets in the financial growth cycle. 68p.
9816 Fallick, Bruce C. Part-time work and industry growth. 19p.
9818 Gordy, Michael B. A generalization of generalized beta
distributions. 27p.
9817 Sack, Brian. Does the Fed act gradually?: a VAR analysis.
31p.
FEDERAL RESERVE BOARD. International Finance Papers.
608 Brunner, Allan D. El Nino and world primary commodity
prices: warm water or hot air?. 24p.
611 Kamin, Steven B. & Klau, Marc. Some multi-country evidence
on the effects of real exchange rates on output. 16p.
FEDERAL TRADE COMMISSION. Bureau of Economics.
218 Sacher, Seth & Silvia, Louis. Physician networks,
integration and efficiency. 25p.
HARVARD UNIVERSITY. Institute of Economic Research.
1835 Campbell, John Y. & Viceira, Luis M. Consumption and
portfolio decisions when expected returns are time varying.
59p.
1834 DiPasquale, Denise & Kahn, Matthew E. Measuring
neighborhood investments: an examination of community
choice. 37p.
1823 Glaeser, Edward L. Cities and ethics: an essay for Jane
Jacobs. 26p.
1822 Glaeser, Edward L. & Glendon, Spencer. Who owns guns?:
criminals, victims and the culture of violence. 15p.
1830 Gompers, Paul A. & Metrick, Andrew. How are large
institutions different from other investors?: why do these
differences matter?. 50p.
1833 Helpman, Elhanan & Rangel, Antonio. Adjusting to a new
technology: experience and training. 43p.
1828 Kahn, Matthew E. The silver lining of rust belt
manufacturing decline. 24p.
1826 Lane, Philip & Tornell, Aaron. Why aren't savings rates in
Latin America procyclical?. 25p.
1829 Maskin, Eric. Nash equilibrium and welfare optimality.
34p.
1825 Medrano, Luis Angel & Vives, Xavier. Strategic behavior and
price discovery. 61p.
1836 Metrick, Andrew & Weitzman, Martin L. Conflicts and choices
in biodiversity preservation. 22p.
1832 Morduch, Jonathan & Sicular, Terry. Politics, growth, and
inequality in rural China: does it pay to join the party?.
32p.
1831 Morduch, Jonathan & Sicular, Terry. Rethinking inequality
decomposition, with evidence from rural China. 33p.
1827 Tornell, Aaron. Reform from within. 49p.
1824 Vives, Xavier. Information aggregation, strategic behavior,
and efficiency. 30p.
HEBREW UNIV. Center for Rationality & Interactive Decision Theory.
170 Barbera, Salvador, Maschler, Michael & Shalev, Jonathan.
Voting for voters: a model of electoral evolution. 48p.
167 Haimanko, Ori. Non-symmetric values of finite games. 29p.
168 Haimanko, Ori. Non-symmetric values of non-atomic and mixed
games. 32p.
169 Haimanko, Ori. Partially symmetric values. 21p.
171 Leviatan, Sigal. Consistent values and the core in
continuum market games with two types. 33p.
HITOTSUBASHI UNIVERSITY. Institute for Economic Research.
347 Elliott, Graham & Ito, Takatoshi. Heterogeneous
expectations and test of efficiency in the Yen/dollar
exchange rate market. 32p.
349 Erdos, Tibor. Crawling peg exchange rate system and the
related economic problems in Hungary. 42p.
348 Erdos, Tibor. Inflation and its main effects in the
transition period. 38p.
346 Leontieva, Elena. Enterprise reform in Russia: emerging
modern corporations and the problem of corporate governance.
37p.
345 Tsuda, Hiroshi & Kariya, Takeaki. Modeling individual U.S.
t-bond prices. 18p.
UNIVERSITY OF ICELAND. Faculty of Economics & Business Admin.
9802 Clements, Leianne A. What is behind the U.S.-Japanese trade
imbalance?: just the facts on the commodity of U.S. Japanese
trade. 63p.
9801 Clements, Leianne A. & Breuer, Janice B. Will dollar
depreciation improve the U.S.-Japanese trade deficit?: a
disaggregated study. 31p.
9803 Herbertsson, Tryggvi Thor. Accounting for human capital
externalities with an application to the Nordic countries.
18p.
9804 Magnusson, Gylfi. Internal and external migration in
Iceland 1960-94: a structural model, government policies &
welfare implications. 90p.
9713 Orszag, J. Michael, Phelps, Edmund & Zoega, Gylfi.
Education and the natural rate of unemployment. 19p.
INSTITUT NATIONAL DE LA STATISTIQUE ET DES ETUDES ECONOMIQUES.
9803 Bosq, D., Guegan, D. & Leorat, G. Statistical estimation of
the embedding dimension of a dynamic system. 26p.
9756 Burgayran, E. & Darolles, S. Nonparametric estimation of a
diffusion equation from tick observations. 31p.
9802 Guegan, D. & Tschernig, R. Prediction of chaotic time
series in the presence of measurement error: the importance
of initial conditions. 16p.
9760 Pastorello, S., Renault, E. & Touzi, N. Statistical
inference for random variance option pricing. 23p.
INSTITUTO TECNOLOGICO AUTONOMO DE MEXICO. Centro de Invest. Econ.
9802 Huggett, Mark & Ospina, Sandra. On aggregate precautionary
saving: when is the third derivative irrelevant?. 25p.
9801 Huggett, Mark & Ventura, Gustavo. On the distributional
effects of social security reform. 44p.
9805 Johnson, Phillip, Levine, David K & Pesendorfer, Wolfgang.
Evolution and information in a prisoner's dilemma game.
35p.
9804 Santos, Manuel. Numerical solution of dynamic economic
models. 91p.
9803 Sharma, Tridib. Robustness in contracts: inferring
strategies from past play. 26p.
UNIVERSITY OF IOWA. Department of Economics.
9804 Otrok, Christopher, Ravikumar, B. & Whiteman, Charles H.
Habit formation: a resolution of the equity premium puzzle?.
23p.
JOHNS HOPKINS UNIVERSITY. Department of Political Economy.
398 Harrington, Joseph E. The equilibrium level of rigidity in
a hierarchy. 11p.
397 Harrington, Joseph E. Progressive ambition, electoral
selection, and the creation of ideologues. 12p.
LA TROBE UNIVERSITY. Department of Economics.
9723 Hewarathna, Ramya & Silvapulle, Param. A comparison of
Australian inflation forecasts. 28p.
9725 Hill, Railton & Hutton, Terry. Managing change in a newly
private power company, a case study: the Powercor Australia
leadership program. 12p.
9724 Rabiul Alam Beg, A.B.M., Silvapulle, Mervyn J. & Silvapulle,
Param. Testing for ARCH in the ARCH-in-mean model. 18p.
9722 Silvapulle, Paramsothy & Silvapulle, Mervyn J. Business
cycle asymmetry and the stock market. 23p.
9721 Silvapulle, Param & Choi, Jong-Seo. Testing for linear and
nonlinear Granger causality in the stock price volume
relation: Korean evidence. 33p.
9719 Yin, Xiangkang. A two-sector macroeconomic model of the
Chinese economy in transition. 21p.
9718 Yin, Xiangkang & Yin, Xianshuo. Can developing countries
benefit from strategic export promotion?. 23p.
9720 Yin, Xiangkang & Zuscovitch, Ehud. Research joint ventures
with the limitation of technology transferability. 21p.
LONDON SCHOOL OF ECONOMICS. Financial Markets Group.
290 Cerasi, Vittoria, Chizzolini, Barbara & Ivaldi, Marc. Sunk
costs and competitiveness of European banks after
deregulation. 28p.
288 Chemla, Gilles & Faure-Grimaud, Antoine. Dynamic adverse
selection and debt. 35p.
292 Dow, James & Rahi, Rohit. Informed trading, investment, and
welfare. 25p.
291 Dow, James & Rahi, Rohit. Should speculators be taxed?.
18p.
289 Nier, Erland. Managers, debt and industry equilibrium.
52p.
287 Ostergaard, Charlotte, Sorensen, Bent E. & Yosha, Oved.
Permanent income, consumption and aggregate constraints:
evidence from U.S. states. 48p.
LONDON SCHOOL OF ECONOMICS. Int'l. Centre for Econ & Related Disc.
347 Horsley, Anthony, Van Zandt, Timothy & Wrobel, A.J. Berge's
maximum theorem with two topologies on the action set. 11p.
UNIVERSITY OF LONDON-BIRKBECK COLLEGE. Department of Economics.
2/98 Gylfason, Thorvaldur, Herbertsson, Tryggvi T. & Zoega,
Gylfi. Ownership and growth. 22p.
1/98 Orszag, J. Michael, Phelps, Edmund S. & Zoega, Gylfi.
Education and the natural rate of unemployment. 19p.
UNIVERSITY COLLEGE LONDON. Department of Economics.
9802 Carlin, Wendy, Glyn, Andrew & Van Reenen, John. Export
market performance of OECD countries: an empirical
examination of the role of cost competitiveness. 40p.
9801 Coscelli, Andrea. Are market shares in drug markets
affected by doctors' and patients' preferences for brands?.
47p.
MACQUARIE UNIVERSITY. Department of Economics.
3/98 Lancaster, Geoff. An investigation into the process of
strategic marketing planning in SMEs and its attendent
problems. 21p.
26/97 Nahm, Daehoon. Incorporating the effect of new and
disappeared products into the cost of living: an alternative
index # formula. 23p.
4/98 Sharir, Shmuel. Choosing the appropriate supply of
housework equation. 11p.
5/98 Sharir, Shmuel. Employer's tastes for discrimination,
nepotism & being boss: modelling & implication for the
persistence of discrim. 17p.
UNIVERSITY OF MELBOURNE. Department of Economics.
622 Alexander, Robert & King, Alan. Growth and the
balance-of-payment constraint. 29p.
623 Cardak, Buly A. Preferences over education expenditures.
37p.
624 Jennings, V.E., Lloyd-Smith, C.W. & Ironmonger, D.S. A new
method in household demography. 35p.
621 Zhang, Xiao-guang, Fan, Mingtai & Yi, Weiming. Is
devaluation of the Chinese Yuan inevitable?: the impact of
East Asia's crisis on China. 16p.
UNIVERSITY OF MINNESOTA. Economic Development Center.
98-4 Ruttan, Vernon W. Growth economics & development economics:
what should development economists learn (if anything) from
new growth th. 53p.
MONASH UNIVERSITY. Department of Economics.
1/98 Guest, Ross & McDonald, Ian. Have ASEAN current account
deficits been excessive?. 30p.
3/98 Innes, Robert & Cory, Dennis. The economics of safe
drinking water. 46p.
2/98 Laplagne, Patrick. A model of aid impact in some South
Pacific microstates. 17p.
UNIVERSITE DE MONTREAL. Departement de Sciences Economiques.
9713 Abdelkhalek, Touhami & Dufour, Jean-Marie. Statistical
inference for computable general equilibrium models with
application to the Morroccan economy. 41p.
9717 Benchekroun, Hassan & Gaudet, Gerard. On the profitability
of production constraints in a dynamic natural resource
oligopoly. 20p.
9716 Bonomo, Marco & Garcia, Rene. The macroeconomic effects of
infrequent information with adjustment costs. 28p.
9715 Bonomo, Marco & Garcia, Rene. Tests of conditional asset
pricing models in the Brazilian stock market. 30p.
9801 Garcia, Rene & Renault, Eric. Risk aversion, intertemporal
substitution, and option pricing. 52p.
9718 Gaudet, Gerard, Moreaux, Michel & Salant, Stephen W.
Intertemporal and spatial depletion of landfills. 30p.
9704 Gaudet, Gerard, Moreaux, Michel & Salant, Stephen W.
Private storage of common property. 36p.
9711 Hege, Ulrich & Viala, Pascale. Contentious contracts. 39p.
9802 Hotte, Louis & Winer, Stanley L. Political influence,
economic interests and endogenous tax structure in a CGE
framework w/ application to the U.S.. 55p.
9705 Levy-Garboua, Louis & Montmarquette, Claude. Reported job
satisfaction: what does it mean?. 30p.
9703 Loranger, Jean-Guy. The wage rate and the profit rate in
the price of production equation: a new solution to an old
problem. 16p.
9719 Montmarquette, Claude, Cannings, Kathy & Mahseredjian,
Sophie. How do young people choose college majors?. 29p.
9709 Ng, Serena & Ruge-Murcia, Francisco J. Explaining the
persistence of commodity prices. 27p.
9712 Ruge-Murcia, Francisco J. Credibility and signaling in
disinflation: a cross country examination. 42p.
9707 Ruge-Murcia, Francisco J. Heterodox inflation stabilization
in Argentina, Brazil, and Israel: a historical review & some
stylized facts. 26p.
9803 Ruge-Murcia, Francisco J. Uncovering financial markets
beliefs about inflation targets. 37p.
9710 Sprumont, Yves. Cooperative or noncooperative behavior?.
10p.
9702 Sprumont, Yves. A note on ordinally equivalent Pareto
surfaces. 12p.
UNIVERSITY OF MUNICH. Center for Economic Studies.
148 Bradford, David F. Transition to and tax rate flexibility
in a cash-flow type tax. 35p.
155 Kose, M. Ayhan & Riezman, Raymond. External shocks and
economic dynamics: the case of African countries. 30p.
151 Koskela, Erkki, Schob, Ronnie & Sinn, Hans-Werner.
Pollution, factor taxation and unemployment. 24p.
150 Kuran, Timur. Ethnic norms and their transformation through
reputational cascades. 37p.
152 Schjelderup, Guttorm & Weichenrieder, Alfons J. Trade,
multinationals, and transfer pricing regulations. 24p.
153 Sinn, Hans-Werner. European integration and the future of
the welfare state. 18p.
154 Sinn, Hans-Werner. The pay-as-you-go pension system as a
fertility insurance and enforcement device. 28p.
149 van Aarle, Bas & Huart, Florence. Monetary and fiscal
unification in the EU: a stylized analysis. 26p.
NATIONAL BUREAU OF ECONOMIC RESEARCH. Working Papers.
6476 Alvarez, Fernando & Jermann, Urban J. Asset pricing when
risk sharing is limited by default. 74p.
6496 Athey, Susan, Avery, Christopher & Zemsky, Peter. Mentoring
and diversity. 38p.
6466 Attanasio, Orazio P. Consumption demand. 76p.
6477 Baldwin, Richard E. & Forslid, Rikard. Incremental trade
policy and endogenous growth: a q-theory approach. 38p.
6483 Baldwin, Richard E. & Ottaviano, Gianmarco I.P.
Multiproduct multinationals and reciprocal FDI dumping.
24p.
6505 Bates, David & Craine, Roger. Valuing the futures market
clearinghouse's default exposure during the 1987 crash.
39p.
6473 Bebchuk, Lucian A. Chapter 11. 17p.
6474 Bebchuk, Lucian A. Negative expected value suits. 7p.
6472 Bebchuk, Lucian A. & Fried, Jesse. The uneasy case for the
priority of secured claims in bankruptcy: further thoughts
and a reply to critics. 65p.
6492 Bergin, Paul R. & Feenstra, Robert C. Staggered price
setting and endogenous persistence. 29p.
6455 Bernanke, Ben, Gertler, Mark & Gilchrist, Simon. The
financial accelerator in a quantitative business cycle
framework. 72p.
6475 Bernstein, Jeffrey I. Total factor productivity growth in
the Canadian life insurance industry: 1979-1989. 33p.
6481 Berry, Steven, Levinsohn, James & Pakes, Ariel.
Differentiated products demand systems from a combination of
micro and macro data: the new car market. 40p.
6436 Bordo, Michael D. & Eichengreen, Barry. The rise and fall
of a barbarous relic: the role of gold in the international
monetary system. 85p.
6465 Bradford, David F. Transition to and tax rate flexibility
in a cash-flow type tax. 36p.
6485 Campbell, John Y. Asset prices, consumption, and the
business cycle. 108p.
6471 Canzoneri, Matthew B., Cumby, Robert E. & Diba, Behzad T.
Is the price level determined by the needs of fiscal
solvency?. 36p.
6469 Chang, Roberto & Velasco, Andres. Financial fragility and
the exchange rate regime. 37p.
6491 Chinn, Menzie D. Before the fall: were East Asian
currencies overvalued?. 54p.
6493 Chipty, Tasneem & Witte, Ann D. Effects of information
provision in a vertically differentiated market. 34p.
6504 Costa, Dora L. The wage and the length of the work day:
from the 1890s to 1991. 31p.
6457 Denizer, Cevdet & Wolf, Holger C. Household saving in
transition economies. 15p.
6503 Dwyer, Debra S. & Mitchell, Olivia S. Health problems as
determinants of retirement: are self-rated measures
endogenous?. 30p.
6470 Elmendorf, Douglas W & Mankiw, N. Gregory. Government debt.
91p.
6452 Faust, Jon & Svensson, Lars E.O. Transparency and
credibility: monetary policy with unobservable goals. 40p.
6480 Ghosh, Atish R. & Wolf, Holger. Thresholds and context
dependence in growth. 17p.
6494 Goulder, Lawrence H. & Mathai, Koshy. Optimal CO2 abatement
in the presence of induced technological change. 41p.
6499 Grossman, Herschel I. Producers and predators. 23p.
6489 Gustafson, Cynthia K. & Levine, Philip B. Less-skilled
workers, welfare reform, and the unemployment insurance
system. 33p.
6478 Gustman, Alan L. & Steinmeier, Thomas L. Social security
benefits of immigrants and U.S. born. 91p.
6462 Heckman, James J., Lochner, Lance & Taber, Christopher. Tax
policy and human capital formation. 11p.
6501 Hall, Robert E. Labor market frictions and employment
fluctuations. 47p.
6487 Higgins, Stephen T. Applying behavioral economics to the
challenge of reducing cocaine abuse. 39p.
6482 Hubbard, Thomas N. Why are process monitoring technologies
valuable?: the use of on-board information technology in
trucking. 39p.
6467 Jolls, Christine. Stock repurchases and incentive
compensation. 36p.
6451 Kane, Edward J. & Wilson, Berry K. A contracting theory
interpretation of the origins of federal deposit insurance.
33p.
6460 Kelley, Maryellen R. & Cook, Cynthia R. The institutional
context and manufacturing performance: the case of the U.S.
defense industrial network. 54p.
6484 Kessler, Daniel & Levitt, Steven D. Using sentence
enhancements to distinguish between deterrence and
incapacitation. 26p.
6479 Kruse, Douglas & Mahony, Douglas. Illegal child labor in
the United States: prevalence and characteristics. 35p.
6502 Lane, Philip R. & Tornell, Aaron. Why aren't savings rates
in Latin America procyclical?. 25p.
6495 Lee, Jaewoo & Chinn, Menzie D. The current account and the
real exchange rate: a structural VAR analysis of major
currencies. 25p.
6448 Markusen, James R. Contracts, intellectual property rights,
and multinational investment in developing countries. 30p.
6488 Milyo, Jeffrey & Waldfogel, Joel. The effect of price
advertising on prices: evidence in the wake of 44
Liquormart. 41p.
6500 Mullahy, John. It'll only hurt a second?: microeconomic
determinants of who gets flu shots. 59p.
6486 Ohsfeldt, Robert L., Boyle, Raymond G. & Capilouto, Eli I.
Tobacco taxes, smoking restrictions, and tobacco use. 20p.
6490 Pastor, Lubos & Stambaugh, Robert F. Costs of equity
capital and model mispricing. 60p.
6468 Roubini, Nouriel & Wachtel, Paul. Current account
sustainability in transition economies. 68p.
6497 Tornell, Aaron. Reform from within. 49p.
6498 Tornell, Aaron & Lane, Philip R. Voracity and growth. 36p.
NEW YORK UNIVERSITY. Salomon Center (Stern School of Business).
9829 Altman, Edward I. Corporate bankruptcy and financial
markets: an overview. 6p.
9822 Brenner, Menachem, Sundaram, Rangarajan K. & Yermack, David.
Altering the terms of executive stock options. 34p.
9830 Brief, Richard P. Comparing the return series for two sets
of accounting policies over short time horizons. 30p.
9820 Das, Sanjiv Ranjan. The regulation of fee structures in
mutual funds: a theoretical analysis. 47p.
9827 Gupta, Anurag & Subrahmanyam, Marti G. An empirical
examination of the convexity bias in the pricing of interest
rate swaps. 65p.
9821 Katz, Barbara G. & Owen, Joel. The impact of voucher
privatization on efficiency. 38p.
9826 Peterson, Sandra, Stapleton, Richard C. & Subrahmanyam,
Marti G. An arbitrage-free two factor model of the term
structure of interest rates: a multivariate binomial
approach. 30p.
9824 Rousseau, Peter L. & Wachtel, Paul. Equity markets and
growth: cross-country evidence on timing and outcomes,
1980-1995. 42p.
9825 Stapleton, Richard C. & Subrahmanyam, Marti G. Arbitrage
restrictions and multi-factor models of the term structure
of interest rates. 30p.
9831 Walter, Ingo. Globalization of markets and financial center
competition. 47p.
9828 White, Lawrence J. Unilateral international financial
openness: the experience of the U.S. financial services
sector. 51p.
NEW YORK UNIVERSITY. Stern School of Business-Dept. of Economics.
9808 Economides, Nicholas. The Telecommunications Act of 1996
and its impact. 39p.
9809 Rousseau, Peter L. & Wachtel, Paul. Equity markets and
growth: cross-country evidence on timing and outcomes,
1980-1995. 42p.
NORWEGIAN SCHOOL OF ECONOMICS & BUSINESS ADMINISTRATION.
7/98 Kind, H.J., Knarvik, K.H.M. & Schjelderup, G. Industrial
agglomeration and capital taxation. 21p.
8/98 Sandmo, Agnar. Efficiency environmental policy with
imperfect compliance. 27p.
OHIO STATE UNIVERSITY. Department of Economics.
9801 Bidarkota, Prasad V. & Crucini, Mario J. Commodity prices
and the terms of trade. 23p.
9802 Ogaki, Masao & Zhang, Quang. Decreasing relative risk
aversion and tests of risk sharing. 36p.
UNIVERSITAT POMPEU FABRA. Economics Working Papers.
248 Canova, Fabio & Ravn, Morten O. Crossing the Rio Grande:
migrations, business cycles and the welfare state. 53p.
243 Costain, James S. Unemployment insurance with endogenous
search intensity and precautionary saving. 69p.
176 Freixas, Xavier & Parigi, Bruno. Contagion and efficiency
in gross and net interbank payment systems. 38p.
249 Fuster, Luisa. Effects of uncertain lifetime and annuity
insurance on capital accumulation and growth. 25p.
246 Garoupa, Nuno. The economics of organized crime and optimal
law enforcement. 18p.
245 Garoupa, Nuno. The role of moral values in the economic
analysis of crime: a general equilibrium approach. 25p.
242 Gil, Joan & Lopez-Casasnovas, G. Life-time redistribution
effects of the Spanish public pension system. 37p.
241 Gomes, Armando, Hart, Sergiu & Mas-Colell, Andreu. Finite
horizon bargaining and the consistent field. 30p.
240 Lopez-Nicolas, Angel. Unobserved heterogeneity and
censoring in the demand for health care. 26p.
244 Marcet, Albert & Nicolini, Juan Pablo. Recurrent
hyperinflations and learning. 44p.
238 Medrano, Luis A. & Vives, Xavier. Strategic behaviour and
price discovery. 52p.
251 Moya, Soledad, Amat, Oriol & Blake, John. The drive for
quality: the impact on accounting in the wine industry.
24p.
239 Paradis, Jaume, Viader, Pelegri & Bibiloni, Lluis. A
mathematical excursion: from the three-door problem to a
Cantor-type perfect set. 12p.
247 Ravn, Morten O. & Sola, Martin. Asymmetric effects of
monetary policy in the U.S.: positive vs. negative or big
vs. small?. 37p.
237 Rodriguez-Palenzuela, Diego. The growth and diffusion of
knowledge and the theory of the firm. 37p.
UNIVERSITY OF ROCHESTER. Center for Economic Research.
449 Greenwood, Jeremy, Hercowitz, Zvi & Krusell, Per. The role
of investment-specific technological change in the business
cycle. 26p.
447 McKenzie, Lionel W. Turnpikes (Richard T. Ely Lecture).
24p.
448 Thomson, William. Consistency and its converse: an
introduction. 42p.
UNIVERSITA DI ROMA. Centro Interdipartimentale di Economia Int'l.
43 De Arcangelis, Giuseppe & Pensa, Cristina. Exchange-rate
volatility, exchange-rate pass-through and international
trade: some new evidence from Italian export. 24p.
44 Manzocchi, Stefano & Padoan, Pier Carlo. Alternative uses
of EU excess reserves after the introduction of the Euro.
18p.
UNIVERSITY OF SOUTHAMPTON. Department of Economics.
9803 Herrendorf, Berthold, Valentinyi, Akos & Waldmann, Robert.
Ruling out indeterminacy: the role of heterogeneity. 27p.
9802 Johal, Surijinder & Ulph, Alistair. Tying governments'
hands: why harmonisation of environmental policies may be
desirable. 31p.
9804 Malcomson, James M. Individual employment contracts. 78p.
TEL-AVIV UNIVERSITY. Eitan Berglas School of Economics.
37/97 Arreaza, Adriana, Sorensen, Bent E. & Yosha, Oved.
Consumption smoothing through fiscal policy in OECD and EU
countries. 34p.
3/98 Eckstein, Zvi & Weiss, Yoram. The absorption of highly
skilled immigrants: Israel, 1990-1995. 59p.
2/98 Ostergaard, Charlotte, Sorensen, Bent E. & Yosha, Oved.
Permanent income, consumption, and aggregate constraints:
evidence from U.S. states. 48p.
1/98 Razin, Assaf, Sadka, Efraim & Yuen, Chi-Wa. Channeling
domestic savings into productive investment under asymmetric
information. 23p.
UNIVERSITY OF TOKYO. Faculty of Economics.
98-2 Fukuda, Shin-ichi, Cong, Ji & Nakamura, Akihiro.
Determinants of long-term loans: a theory and empirical
evidence in Japan. 29p.
9810 Horiuchi, Akiyoshi & Shimuzu, Katsutoshi. Did Amakudari
undermine the effectiveness of regulator monitoring in
Japan?. 36p.
98-7 Hoshino, Nobuaki & Takemura, Akimichi. On the relation
between the logarithmic series model and other
superpopulation models useful for microdata disclosu. 9p.
98-6 Kunitomo, Naoto & Takahashi, Akihiko. On validity of the
asymptotic expansion approach in contingent claim analysis.
53p.
98-4 Marsh, Terry A. & Kobayashi, Takao. The work of Fischer
Black, Robert Merton, and Myron Scholes, and its continuing
legacy. 23p.
98-3 Martinelli, Cesar & Matsui, Akihiko. Policy reversals: a
democratic Nixon and a Republican Clinton. 39p.
98-8 Nishimura, Kiyohiko G. & Shirai, Masato. Measurement of
sectoral technological progress in Japan revisited. 46p.
98-9 Okazaki, Tetsuji & Korenaga, Takafumi. Foreign exchange
allocation and productivity growth in postwar Japan: a case
of the wool industry. 26p.
98-5 Takemura, Akimichi & Kuriki, Satoshi. Shrinkage to smooth
non-convex cone: principal component analysis as Stein
estimation. 18p.
UNIVERSITA DEGLI STUDI DI VENEZIA. Dipartimento di Scienze Econ.
9803 Bisin, Alberto & Gottardi, Piero. Competitive equilibria
with asymmetric information. 51p.