New Acquisitions - November 1996



     ATHENS UNIVERSITY OF ECONOMICS & BUSINESS.  Dept. of Economics.    

     80     Gatsios, Konstantine, Hatzipanayotou, Panos & Michael,      
            Michael S.  International migration, welfare, and the       
            provision of public goods.  16p.                            
     81     Kollintzas, Tryphon & Vassilatos, Vanghelis.  A stochastic  
            dynamic general equilibrium model for Greece.  42p.         

     BANCO DE ESPANA.  Servicio de Estudios.                            

     9626   Canzoneri, Matthew B., Valles, Javier & Vinals, Jose.  Do   
            exchange rates move to address international macroeconomic  
            imbalances?.  51p.                                          
     9622   Conklin, James.  Computing value correspondences for        
            repeated games with state variables.  27p.                  
     9623   Conklin, James.  The theory of sovereign debt and Spain     
            under Philip II.  35p.                                      
     9625   Nieto Carol, Maria J.  Central and Eastern European         
            financial systems: towards integration in the European      
            Union.  58p.                                                
     9624   Vinals, Jose & Jimeno, Juan F.  Monetary union and European 
            unemployment.  62p.                                         

     UNIVERSITY OF CALIFORNIA-SANTA BARBARA.  Department of Economics.  

     14/96  Sengupta, Jati K.  Recent models in dynamic economics:      
            problems of estimating terminal conditions.  21p.           
     12/96  Sengupta, Jati K. & Sfeir, Raymond.  Modelling exchange rate
            volatility.  24p.                                           
     13/96  Sengupta, Jati K. & Sfeir, Raymond.  Past trend versus      
            future expectation: test of exchange rate volatility.  10p. 

     COLUMBIA UNIVERSITY. Grad. School of Business-Paine Webber Series. 

     9604   Collins, Julie, Kemsley, Deen & Lang, Mark.                 
            Cross-jurisdictional income shifting and earnings valuation.
             44p.                                                       
     9601   Glosten, Lawrence R.  Competition and the set of allowable  
            prices.  34p.                                               
     9603   Heal, Geoffrey, Chichilnisky, Graciela & Beltratti, Andrea. 
            Uncertain future preferences and conservation.  18p.        
     9608   Lichtenberg, Frank R.  The effect of pharmaceutical         
            utilization and innovation on hospitalization and mortality.
             44p.                                                       
     9606   Locke, Peter R. & Sarkar, Asani.  Volatility and liquidity  
            in futures markets.  28p.                                   
     9607   Locke, Peter R., Sarkar, Asani & Wu, Lifan.  Did the good   
            guys lose?: heterogeneous traders and regulatory            
            restrictions on dual trading.  29p.                         
     9605   Reyes, Benedicte M.  The impact of capital and ownership    
            structure on corporate investment: evidence from France.    
            37p.                                                        
     9602   Schramm, Ronald M.  Optimal financial contracts in a two    
            sector open economy (Ricardo meets the CAPM).  19p.         

     UNIVERSITY OF COPENHAGEN.  Institute of Economics.                 

     9609   Browning, Martin.  The saving behavior of a two person      
            household.  32p.                                            
     9610   Browning, Martin & Chiappori, P.A.  Efficient               
            intra-household allocations: a general characterization and 
            empirical tests.  47p.                                      
     9611   Browning, Martin & Crossley, Thomas.  Unemployment insurance
            benefit levels and consumption changes.  33p.               
     9612   Jorgensen, Clara, Kongstad, Hans C. & Rahbek, Anders.       
            Trend-stationarity in the I(2) cointegration model.  35p.   
     9608   Rubin, Jonathan & Thygesen, Niels.  Monetary union and the  
            outsiders: a cointegration/codependence analysis of business
            cycles in Europe.  64p.                                     

     COWLES FOUNDATION FOR RESEARCH IN ECONOMICS AT YALE UNIVERSITY.    

     1129   Fair, Ray C.  Estimated inflation costs had European        
            unemployment been reduced in the 1980s by macro policies.   
            16p.                                                        
     1128   Geanakoplos, John.  The hangman's paradox and Newcomb's     
            paradox as psychological games.  19p.                       
     1131   Geanakoplos, John.  Nash and Walras equilibrium via Brouwer.
             18p.                                                       
     1123r  Geanakoplos, John.  Three brief proofs of Arrow's           
            impossibility theorem.  6p.                                 
     1130   Whang, Yoon-Jae & Linton, Oliver.  The limiting behavior of 
            kernel estimates of the Lyapunov exponent for stochastic    
            time series.  26p.                                          

     (ENGLAND) CENTRE FOR ECONOMIC POLICY RESEARCH.                     

     1459   Acemoglu, Daron.  Changes in umemployment and wage          
            inequality: an alternative theory and some evidence.  47p.  
     1460   Acemoglu, Daron & Pischke, Jorn-Steffen.  Why do firms      
            train?: theory and evidence.  49p.                          
     1479   Alogoskoufis, George S. & Kalyvitis, Sarantis C.  Public    
            investment and endogenous growth in a small open economy.   
            24p.                                                        
     1474   Anderson, Kym, et al.  Asia-Pacific food markets and trade  
            in 2005: a global, economy-wide perspective.  37p.          
     1470   Arulampalam, Wiji & Booth, Alison L.  Who gets over the     
            training hurdle?: a study of the training experiences of    
            young men and women in Britain.  29p.                       
     1491   Barrett, Alan.  The effect of immigrant admission criteria  
            on immmigrant labour market characteristics.  27p.          
     1467   Bayoumi, Tamim, Coe, David T. & Helpman, Elhanan.  R & D    
            spillovers and global growth.  36p.                         
     1445   Bertocchi, Graziella.  Trade, wages and the persistence of  
            underdevelopment.  20p.                                     
     1444   Bertocchi, Graziella & Canova, Fabio.  Did colonization     
            matter for growth?: an empirical exploration into the       
            historical cause of Africa's underdevelopmen.  32p.         
     1482   Bourguignon, Francois, Lambert, Sylvie & Suwa-Eisenmann,    
            Akiko.  Distribution of export price in a developing        
            country.  35p.                                              
     1466   Buiter, Willem H., Corsetti, Giancarlo & Pesenti, Paolo A.  
            Interpreting the ERM crisis: country-specific and systemic  
            issues.  77p.                                               
     1448   Cadot, Olivier, de Melo, Jaime & Olarreaga, Marcelo.        
            Regional integration and lobbying for tariffs against       
            non-members.  24p.                                          
     1498   Canzoneri, Matthew B., Valles, Javier & Vinals, Jose.  Do   
            exchange rates move to address international macroeconomic  
            imbalances?.  45p.                                          
     1463   Canzoneri, Matthew B. & Diba, Behzad.  Fiscal constraints on
            central bank independence and price stability.  34p.        
     1464   Canzoneri, Matthew B., Cumby, Robert E. & Diba, Behzad.     
            Relative labour productivity and the real exchange rate in  
            the long run: evidence for a panel of OECD countries.  44p. 
     1478   Coles, Melvyn G.  Decentralized trade, entrepreneurial      
            investment and the theory of unemployment.  36p.            
     1457   De Grauwe, Paul.  Inflation targeting to achieve inflation  
            convergence in the transition towards EMU.  28p.            
     1458   De Grauwe, Paul.  The prospects of a mini currency union in 
            1999.  26p.                                                 
     1447   de Melo, Jaime, Olarreaga, Marcelo & Takacs, Wendy.  Pricing
            policy under double market power: Madagascar and the        
            international vanilla market.  27p.                         
     1481   Demertzis, Maria, Hughes-Hallett, Andrew J. & Rummel, Ole J.
             Is a two-speed system in Europe the answer to the conflict 
            between the German and the Anglo-Saxon models of monetar.   
            86p.                                                        
     1476   Dolado, Juan J., Jimeno, Juan F. & Duce, Rosa.  The effects 
            of migration on the relative demand of skilled versus       
            unskilled labour: evidence from Spain.  22p.                
     1453   Eichengreen, Barry, Rose, Andrew K. & Wyplosz, Charles.     
            Contagious currency crises.  48p.                           
     1456   Favero, Carlo A., Iacone, Fabrizio & Pifferi, Marco.        
            Monetary policy, forward rates and long rates: does Germany 
            differ from the United States?.  30p.                       
     1473   Frankel, Jeffrey A. & Rose, Andrew K.  The endogeneity of   
            the optimum currency area criteria.  33p.                   
     1493   Gordon, Robert J.  Macroeconomic policy in the presence of  
            structural maladjustment.  57p.                             
     1492   Gordon, Robert J.  The time-varying NAIRU and its           
            implications for economic policy.  52p.                     
     1490   Haskel, Jonathan.  Small firms, contracting-out, computers, 
            and wage inequality: evidence from UK manufacturing.  31p.  
     1465   Henrekson, Magnus, Torstensson, Johan & Torstensson, Rasha. 
            Growth effects of European integration.  24p.               
     1472   Kuhn, Kai-Uwe & Martinez, Catalina B.  Market transparency, 
            competitive pressure, and price volatility.  35p.           
     1480   Neely, Christopher J., Weller, Paul & Dittmar, Robert.  Is  
            technical analysis in the foreign exchange market           
            profitable?: a genetic programming approach.  43p.          
     1471   Orszag, J. Michael & Snower, Dennis J.  Incapacity benefits 
            versus benefit transfers.  19p.                             
     1475   Persson, Torsten, Roland, Gerard & Tabellini, Guido.        
            Separation of powers and accountability: towards a formal   
            approach to comparative politics.  39p.                     
     1496   Rustichini, Aldo, Ichino, Andrea & Checchi, Daniele.  More  
            equal but less mobile?: education financing and             
            intergenerational mobility in Italy and the United States.  
            47p.                                                        
     1469   Veugelers, Reinhilde & Vandenbussche, Hylke.  European      
            anti-dumping policy and the profitability of national and   
            international collusion.  34p.                              
     1485   Vinals, Jose & Jimeno, Juan F.  Monetary union and European 
            unemployment.  52p.                                         

     THE MAURICE FALK INSTITUTE FOR ECONOMIC RESEARCH IN ISRAEL.        

     9610   Kandel, Eugene & Zilberfarb, Ben-Zion.  Differential        
            interpretation of information in inflation forecasts.  24p. 

     FEDERAL RESERVE BANK OF MINNEAPOLIS.  Research Department.         

     217    Chari, V.V., Kehoe, Patrick J. & McGrattan, Ellen R.  Sticky
            price models of the business cycle: can the contract        
            multiplier solve the persistence problem?.  31p.            
     218    Kocherlakota, Narayana R.  Money is memory.  37p.           

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

     112    Campbell, Jeffrey R. & Fisher, Jonas D.M.  Aggregate        
            employment fluctuations with microeconomic asymmetries.     
            28p.                                                        
     113    Hassler, John.  Fluctuating risk in an aggregated Ss-model. 
            26p.                                                        

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

     15     Harrigan, James.  Technology, factor supplies and           
            international specialization: estimating the neoclassical   
            model.  42p.                                                

     FEDERAL RESERVE BANK OF PHILADELPHIA.  Economic Research Division. 

     9618   Berlin, Mitchell & Mester, Loretta J.  Why is the banking   
            sector shrinking?.  38p.                                    

     FEDERAL RESERVE BOARD.  Finance & Economics Discussion Series.     

     9639   Berkowitz, Jeremy & Giorgianni, Lorenzo.  Long-horizon      
            exchange rate predictability?.  17p.                        
     9638   Duffee, Gregory R. & Prowse, Steven D.  What's good for GM?:
            Using auto industry stock returns to forecast business      
            cycles & test the q-theory of investmen.  31p.              

     FEDERAL RESERVE BOARD.  International Finance Papers.              

     566    Ahmed, Shaghil & Rogers, John H.  Long term evidence on the 
            Tobin and Fisher effects: a new appproach.  43p.            
     567    Copelman, Martina.  Financial innovation and the speed of   
            adjustment of money demand: evidence from Bolivia, Israel   
            and Venezuela.  29p.                                        
     569    Copelman, Martina.  The role of credit in post-stabilization
            consumption booms.  32p.                                    
     568    Eika, Kari H., Ericsson, Neil R. & Nymoen, Ragnar.  Hazards 
            in implementing a monetary conditions index.  32p.          

     HEBREW UNIV. Center for Rationality & Interactive Decision Theory. 

     109    Aumann, Robert J.  A note on the centipede game.  6p.       
     115    Foster, Dean P. & Young, H. Peyton.  Learning with hazy     
            beliefs.  29p.                                              
     116    Gossner, Olivier.  Comparison of information structures.    
            22p.                                                        
     114    Neyman, Abraham & Okada, Daijiro.  Repeated games with      
            bounded entropy.  13p.                                      

     HOOVER INSTITUTION.  Domestic Studies Program.                     

     95-6   Cutler, David M. & Glaeser, Edward I.  Are ghettos good or  
            bad?.  67p.                                                 
     95-4   Glaeser, Edward I., Scheinkman, Jose A. & Shleifer, Andrei. 
            Economic growth in a cross-section of cities.  39p.         
     95-5   Kremen, Alan F.  Capitalism and the ethic of care: new      
            directions for policy, philosophy, and leadership.  32p.    
     95-9   Kremer, Michael.  Assortative marriage and the dynamics of  
            inequality.  57p.                                           
     95-8   Kremer, Michael.  Integrating behavioral choice into        
            epidemiological models of AIDS.  54p.                       
     95-7   Kremer, Michael & Maskin, Eric.  Segregation by skill and   
            the rise of inequality.  51p.                               

     UNIVERSITY OF IOWA.  Department of Economics.                      

     9613   Horowitz, Joel L.  Bootstrap methods for covariance         
            structures.  30p.                                           
     9614   Otrok, Christopher & Whiteman, Charles H.  Bayesian leading 
            indicators: measuring and predicting economic conditions in 
            Iowa.  26p.                                                 

     BANCA DE ITALIA.  Research Department.                             

     272    Bertola, Guiseppe & Rogerson, Richard.  Institutions and    
            labor reallocation.  30p.                                   
     278    Drudi, Francesco & Giordano, Raffaella.  Real interet rates,
            soverieign risk and optimal debt management.  47p.          
     276    Gaiotti, Eugenio & Nicoletti-Altimari, Sergio.  Monetary    
            policy transmission, the exchange rate and long-term yields 
            under different hypotheses on expectations.  55p.           
     275    Guiso, Luigi & Jappelli, Tullio.  Intergenerational         
            transfers, borrowing constraints and the timing of home     
            ownership.  74p.                                            
     273    Repullo, Rafael & Suarez, Javier.  Monitoring, liquidation, 
            and security design.  44p.                                  

     LA TROBE UNIVERSITY.  Department of Economics.                     

     9602   Bardsley, Peter & Olekalns, Nilss.  Wool price variability  
            in the long run.  11p.                                      
     9605   Beg, Rabiul Alam & Silvapulle, Param.  Testing for          
            nonlinearity in time series models.  14p.                   
     9607   Choi, Jong-Seo & Choe, Chongwoo.  Explanatory factors for   
            trading volume responses to annual earnings announcements:  
            evidence from the Korean stock m.  43p.                     
     9603   Herath, Gamini & Jayasuriya, Sisira.  Risk aversion,        
            information and adoption of HYV technology in Asian         
            countries: the role of concessionary credit revi.  24p.     
     9604   Hewarathna, Ramya & Silvapulle, Param.  An empirical        
            investigation on the relationships among real, monetary, and
            financial variables: Australian evidence.  24p.             
     9606   King, Stephen P. & Maddock, Rodney.  Competititon and almost
            essential facilities: making the right policy choices.  14p.
     9601   Silvapulle, Param.  A score test for seasonal fractional    
            integration and cointegration.  22p.                        

     UNIVERSITY OF LONDON-BIRKBECK COLLEGE.  Department of Economics.   

     15/96  Chen, Yu-Fu & Zoega, Gylfi.  How effective are firing       
            costs?.  22p.                                               
     13/96  Karanasos, Menelaos.  A new method for obtaining the        
            autocovariance of an ARMA model: an exact-form solution.    
            23p.                                                        
     14/96  Manzini, Paola & Snower, Dennis J.  On the foundations of   
            wage bargaining.  41p.                                      
     16/96  Orszag, J. Michael & Zoega, Gylfi.  Wages ahead of demand.  
            8p.                                                         

     UNIV. OF LONDON-BIRKBECK COLLEGE.  Inst. for Financial Research.   

     21     El-Jahel, Lina, Lindberg, Hans & Perraudin, William.        
            Interest rate distributions, yield curve modelling and      
            monetary policy.  39p.                                      
     19     Instefjord, Norvald.  Financial innovation and delegation of
            control.  34p.                                              
     20     Satchell, Stephen E.  Lower partial moment capital asset    
            pricing models: a re-examination.  14p.                     

     UNIVERSITY OF MARYLAND.  Department of Economics.                  

     9607   Ausubel, Lawrence M. & Cramton, Peter C.  Demand reduction  
            and inefficiency in multi-unit auctions.  39p.              
     9608   Binder, Michael & Pesaran, M. Hashem.  Multivariate linear  
            rational expectations models: characterization of the nature
            of the solutions and their fully ..  15p.                   

     UNIVERSITY OF MELBOURNE.  Department of Economics.                 

     533    Cashin, Paul & McDermott, C. John.  Are Australia's current 
            account deficits excessive?.  24p.                          
     535    Creedy, John.  Poverty, labour supply and welfare when      
            utility depends on a poverty level.  25p.                   
     534    Johnston, C.G., James, R.H. & McDonald, I.M.  An evaluation 
            of the effectivesness of collaborative problem-solving for  
            learning economics.  29p.                                   

     MICHIGAN STATE UNIVERSITY.  Department of Economics.               

     9511   Baillie, Richard T. & Osterberg, William P.  Central bank   
            intervention and risk in the forward premium.  20p.         
     9601   Creane, Anthony.  Quality control and pricing.  21p.        
     9600   Im, Kyung So, et al.  Efficient estimation of panel data    
            models with strictly exogenous explanatory variables.  39p. 

     UNIVERSITY OF MINNESOTA.  Center for Economic Research.            

     291    Imrohoroglu, Ayse, Merlo, Antonio & Rupert, Peter.  On the  
            political economy of income redistribution and crime.  38p. 
     290    Marshall, Robert C. & Merlo, Antonio.  Pattern bargaining.  
            45p.                                                        
     289    McLennan, Andrew.  Consequences of the Condorcet Jury       
            Theorem for beneficial information aggregation by rational  
            agents.  8p.                                                

     UNIVERSITY OF MINNESOTA.  Economic Development Center.             

     96-3   Diao, Xinshen & Somwaru, Agapi.  Dynamic gains and losses   
            from trade reform: an intertemporal general equilibrium     
            model of the U.S. and MERCOSUR.  47p.                       
     96-2   Gopinath, Munisamy & Roe, Terry L.  R & D spillovers:       
            evidence from U.S. food processing, farm machinery and      
            agriculture.  18p.                                          

     UNIVERSITY OF MUNICH.  Center for Economic Studies.                

     110    Honkapohja, Seppo & Evans, George W.  Convergence of        
            learning algorithms without a projection facility.  37p.    
     109    Honkapohja, Seppo & Evans, George W.  Economic dynamics with
            learning: new stability results.  36p.                      
     112    Ichino, Andrea, Rustichini, Aldo & Checchi, Daniele.  More  
            equal but less mobile?: Education financing and             
            intergenerational mobility in Italy and in the U.S.  47p.   
     89     Kovenock, Dan & Phillips, Gordon M.  Capital structure and  
            product market behavior: an examination of plant exit and   
            investment decisions.  38p.                                 
     111    Lindbeck, Assar.  Incentives in the welfare state.  31p.    
     115    Mayer, Wolfgang.  Gains from restricted openings of trade.  
            27p.                                                        
     82     Musgrave, Richard A.  Public finance and Finanzwissenscaft  
            traditions compared.  46p.                                  
     101    Orosel, Gerhard O. & Schob, Ronnie.  Internalizing          
            externalities in second-best tax systems.  21p.             
     114    Van Long, Ngo & Hartwick, John M.  Constant consumption and 
            the economic depreciation of natural capital: the           
            non-autonomous case.  13p.                                  

     NATIONAL BUREAU OF ECONOMIC RESEARCH.  Working Papers.             

     5783   Andersen, Torben G. & Bollerslev, Tim.  DM-dollar           
            volatility: intraday activity patterns, macroeconomic       
            announcements, and longer run dependencies.  67p.           
     5727   Bartolini, Leonardo & Drazen, Allan.  When liberal policies 
            reflect external shocks, what do we learn?.  36p.           
     5764   Bernanke, Ben S. & Mihov, Ilian.  What does the Bundesbank  
            target?.  50p.                                              
     5781   Bloom, David E., Conrad, Cecilia & Miller, Cynthia.  Child  
            support and fathers' remarriage and fertility.  47p.        
     5754   Bradford, David F.  Fixing capital gains: symmetry,         
            consistency and correctness in the taxation of financial    
            instruments.  80p.                                          
     5757   Caballero, Ricardo J. & Hammour, Mohamad L.  The            
            macroeconomics of specificity.  46p.                        
     5767   Campbell, Jeffrey R. & Fisher, Jonas D.M.  Aggregate        
            employment fluctuations with microeconomic asymmetries.     
            28p.                                                        
     5763   Carliner, Geoffrey.  The wages and language skills of U.S.  
            immigrants.  32p.                                           
     5782   Carlton, Dennis W.  A critical assessment of the role of    
            imperfect competition in macroeconomics.  38p.              
     5788   Carroll, Christopher D.  Buffer-stock saving and the life   
            cycle/permanent income hypothesis.  63p.                    
     5786   Cecchetti, Stephen G.  Measuring short-run inflation for    
            central bankers.  26p.                                      
     5750   Cutler, David M., et al.  Are medical prices declining?.    
            54p.                                                        
     5751   Cutler, David M. & McClellan, Mark.  The determinants of    
            technological change in heart attack treatment.  45p.       
     5775   Davis, Steven J. & Haltiwanger, John.  Driving forces and   
            employment fluctuations.  59p.                              
     5755   Desai, Mihir A. & Hines, James R.  "Basket" cases:          
            international joint ventures after the Tax Reform Act of    
            1986.  41p.                                                 
     5756   Edwards, Sebastian.  The determinants of the choice between 
            fixed and flexible exchange-rate regimes.  24p.             
     5766   Engel, Charles.  A model of foreign exchange rate           
            indetermination.  22p.                                      
     5777   Engel, Charles & Kim, Chang-Jin.  The long-run U.S./U.K.    
            real exchange rate.  37p.                                   
     5759   Engen, Eric M., Gale, William G. & Scholz, John Karl.  The  
            effects of tax-based saving and wealth.  79p.               
     5659   Evans, George, Honkapohja, Seppo & Romer, Paul.  Growth     
            cycles.  49p.                                               
     5761   Feldstein, Martin & Samwick, Andrew.  The transition path in
            privatizing social security.  51p.                          
     5789   Flood, Robert P. & Marion, Nancy P.  Speculative attacks:   
            fundmentals and self-fulfilling prophecies.  31p.           
     5739   Gordon, Robert J.  Macroeconomic policy in the presence of  
            structural maladjustment.  57p.                             
     5779   Gorton, Gary & Grundy, Bruce D.  Executive compensation and 
            the optimality of managerial entrenchment.  55p.            
     5770   Greenstein, Shane M. & Spiller, Pablo T.  Estimating the    
            welfare effects of digital infrastructure.  54p.            
     5785   Heckman, James J. & Snyder, James M.  Linear probability    
            models of the demand for attributes with an application to  
            estimating preferences of legislators.  71p.                
     5773   Helpman, Elhanan & Trajtenberg, Manuel.  Diffusion of       
            general purpose technologies.  42p.                         
     5745   Joskow, Paul L., Schmalensee, Richard & Bailey, Elizabeth M.
             Auction design and the market for sulfur dioxide emissions.
             45p.                                                       
     5776   Kotlkioff, Laurence J.  Simulating the privatization of     
            social security in general equilibrium.  63p.               
     5769   Krueger, Alan B.  Do markets respond more to more reliable  
            labor market data?: a test of market rationality.  27p.     
     5741   Lanjouw, Jean O., Pakes, Ariel & Putnam, Jonathan.  How to  
            count patents and value intellectual property: uses of      
            patent renewal and application data.  31p.                  
     5753   Lerner, Josh.  The government as venture capitalist: the    
            long-run impact of the Small Business Innovation Research   
            program.  43p.                                              
     5731   Lin, Kenneth S.  Private consumption, non-traded goods and  
            real exchange rate: a cointegration Euler equation approach.
             33p.                                                       
     5734   Mitchell, Olivia S.  Administrative costs in public and     
            private retirement systems.  69p.                           
     5774   Moffitt, Robert, Ribar, David & Wilhelm, Mark.  The decline 
            of welfare benefits in the U.S.: the role of wage           
            inequality.  46p.                                           
     5772   Persson, Mats, Persson, Torsten & Svensson, Lars E.O.  Debt,
            cash flow and inflation incentives: a Swedish example.  41p.
     5784   Pesenti, Paolo & van Wincoop, Eric.  Do nontraded goods     
            explain the home bias puzzle?.  33p.                        
     5760   Philipson, Tomas & Becker, Gary S.  Mortality contingent    
            claims, health care, and social insurance.  27p.            
     5762   Poterba, James M. & Wise, David A.  Individual financial    
            decisions in retirement saving plans and the provision of   
            resources for retirement.  53p.                             
     5765   Predergast, Canice & Stole, Lars.  Non-monetary exchange    
            within firms and industry.  27p.                            
     5758   Rajan, Raghuram G. & Zingales, Luigi.  Financial dependence 
            and growth.  46p.                                           
     5780   Sales-Sarrapy, Carlos, Solis-Soberon, Fernando &            
            Villagomez-Amezcua, Alejandro.  Pension system reform: the  
            Mexican case.  70p.                                         
     5749   Wang, Kuo-Kiang & Wu, Chung-Shu.  Exchange rate pass-through
            and industry characteristics: the case of Taiwan's exports  
            of midstream petrochemical pr.  28p.                        
     5768   Whalley, John.  Trade and environment beyond Singapore.     
            45p.                                                        
     5787   Wu, Hsiu-Ling.  Testing for the fundamental determinants of 
            the long-run real exchange rate: the case of Taiwan.  29p.  
     5771   Zhang, Zhaoyong.  The exchange value of the Renminbi and    
            China's balance of trade: an empirical study.  26p.         

     NATIONAL BUREAU OF ECONOMIC RESEARCH.  Technical Papers.           

     203    Durlauf, Steven N.  Statistical mechanics approaches to     
            socioeconomic behavior.  35p.                               

     UNIVERSITY OF NEW SOUTH WALES.  School of Economics.               

     9618   Alaouze, Chris M.  Shadow prices in linear programming      
            problems.  20p.                                             
     9619   Conlon, Robert M. & Perkins, John.  The political economy of
            assistance to the motor vehicle industry in interwar        
            Australia.  45p.                                            
     9620   Crosby, Mark.  Central bank independence and output         
            variability.  18p.                                          
     9617   Morrison, Catherine J.  Technology, trade and economic      
            performance in the food industries: the case of U.S. and    
            Australian meat processing.  35p.                           
     9621   Robertson, Peter E.  Growth in developing America: an       
            analysis using a calibrated endogenous growth model.  42p.  
     9622   Warren, Neil.  Australian taxation in the context of our    
            broader economic and trading priorities.  27p.              

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

     1160   Al-Najjar, Nabil.  Aggregation and the law of large numbers 
            in economies with a continuum of agents.  29p.              
     1164   Al-Najjar, Nabil.  On the robustness of factor structures to
            asset repackaging.  15p.                                    
     1165   Bollt, Erik M. & Jones, Michael A.  Developing symbolic     
            dynamics to measure the complexity of repeated game         
            strategies by topological entropy.  19p.                    
     1159   Klibanoff, Peter.  Characterizing uncertainty aversion      
            through preference for mixtures.  17p.                      
     1161   Mailath, George J., Samuelson, Larry & Swinkels, Jeroen M.  
            How proper is sequential equilibrium?.  24p.                
     1162   Myerson, Roger B.  Fundamentals of social choice theory.    
            38p.                                                        
     1158   Sandholm, William H.  Simple and clever decision rules in   
            single population evolutionary models.  22p.                
     1163   Usabiaga, Carlos & Caraballo, M. Angeles.  An analysis of   
            the new Keynesian monopolistic competition model.  19p.     

     NORWEGIAN SCHOOL OF ECONOMICS & BUSINESS ADMINISTRATION.           

     12/96  Gabrielsen, Tommy S. & Sorgard, Lars.  The pro-competitive  
            effect of two-part tariffs.  14p.                           
     11/96  Hvide, Hans Krogh.  Delay in joint projects.  14p.          
     13/96  Schroyen, Fred.  Pareto efficient income taxation under     
            costly monitoring.  33p.                                    
     10/96  Steen, Frode & Sorgard, Lars.  Semicollusion in the         
            Norwegian cement market.  36p.                              

     PRINCETON UNIVERSITY.  Woodrow Wilson School-Papers in Economics.  

     180    Maggi, Giovanni & Rodriquez-Clare, Andres.  The value of    
            trade agreements in the presence of political pressures.    
            31p.                                                        
     181    Grossman, Gene M. & Helpman, Elhanan.  Electoral competition
            with policy compromise.  40p.                               
     182    Grossman, Gene M. & Helpman, Elhanan.  Competing for        
            endorsements.  44p.                                         

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

     1086   Chaturvedi, Alok R. & Gupta, Samir.  Scheduling of          
            transactions in a real-time distributed transaction         
            processing system: scaleability & network issues.  33p.     

     QUEEN'S UNIVERSITY.  Institute for Economic Research.              

     935    Bergin, James & Bernhardt, Dan.  Industry dynamics over the 
            business cycle.  49p.                                       
     933    Baland, Jean-Marie & Francois, Patrick.  Investment         
            coordination and demand complementarities.  31p.            
     934    Jin, Xing & Milne, Frank.  The existence of equilibrium in a
            financial market with transaction costs.  22p.              

     TEL-AVIV UNIVERSITY.  Foerder Institute of Economic Research.      

     26/96  Ber, Hedva, Yafeh, Yishay & Yosha, Oved.  The post-issue    
            performance of IPO firms when banking is concentrated and   
            universal.  40p.                                            
     25/96  Bresnahan, Timothy F., Stern, Scott & Trajtenberg, Manuel.  
            Market segmentation and the sources of rents from           
            innovation: personal computers in the late 1980s.  50p.     
     22/96  Dahan, Momi & Hercowitz, Zvi.  Fiscal policy and saving     
            under distortionary taxation.  25p.                         
     17/96  Fershtman, Chaim & Weiss, Yoram.  Social rewards,           
            externalities and stable preferences.  32p.                 
     21/96  Fershtman, Chaim & Weiss, Yoram.  Why do we care what others
            think about us?.  23p.                                      
     23/96  Frankel, David M.  The (retail) price of inequality.  21p.  
     24/96  Helpman, Elhanan & Trajtenberg, Manuel.  Diffusion of       
            general purpose technologies.  44p.                         
     18/96  Galor, Oded & Tsiddon, Daniel.  The distribution of human   
            capital and economic growth.  38p.                          
     20/96  Morgan, Peter B. & Shy, Oz.  Undercut-proof equilibria.     
            28p.                                                        
     28/96  Sauer, Robert M.  Job mobility and the market for lawyers.  
            48p.                                                        
     19/96  Sorensen, Bent E. & Yosha, Oved.  Income and consumption    
            smoothing among U.S. states: regions or clubs?.  29p.       
     27/96  Zilcha, Itzhak.  Intergenerational transfers, economic      
            growth and income distribution.  30p.                       

     UNIVERSITY OF TOKYO.  Faculty of Economics.                        

     9613   Horiuchi, Akiyoshi & Shimizu, Katsutoshi.  The deterioration
            of banks' balance sheets in Japan: risk-taking and          
            recapitalization.  43p.                                     
     9616   Ihori, Toshihiro & Akai, Nobuo.  The optimal provision of   
            public goods by local and central governments.  19p.        
     9618   Jinno, Naohiko & DeWit, Andrew.  Institutionalism and the   
            intergovernmental allocation of taxes.  19p.                
     9612   Kubokawa, Tatsuya, et al.  Estimation of variance components
            under Kullback-Leibler loss with applications.  28p.        
     9619   Nishino, Haruhisa & Yajima, Yoshihiro.  On parameter        
            estimation of unit roots processes with missing             
            observations.  39p.                                         
     9614   Okazaki, Tetsuji.  The foreign exchange allocation policy in
            post-war Japan: its institutional framework and function.   
            33p.                                                        
     9615   Takemura, Akimichi & Kuriki, Satoshi.  Theory of cross      
            sectionally contoured distributions and its applications.   
            35p.                                                        
     9617   Ueda, Kazuo.  Causes of the Japanese banking instability in 
            the 1990s.  26p.                                            

     UNIVERSITA DEGLI STUDI DI VENEZIA.  Dipartimento di Scienze Econ.  

     9624   Ariga, Kenn, Brunello, Giorgio & Ohkusa, Yasushi.           
            Promotions, skill formation and earnings growth in a        
            corporate hierarchy.  40p.                                  
     9625   Gottardi, Piero & Hens, Thorsten.  Disaggregation of excess 
            demand and comparative statics with incomplete markets and  
            nominal assets.  27p.                                       

     UNIVERSITY OF VIRGINIA.  Center for Studies in Political Economy.  

     274    Anderson, Simon P. & de Palma, Andre.  From local to global 
            competition.  33p.                                          
     273    Anderson, Simon P., Goeree, Jacob K. & Holt, Charles A.     
            Minimum-effort coordination games: an equilibrium analysis  
            of bounded rationality.  30p.                               
     272    Anderson, Simon P., Goeree, Jacob K. & Holt, Charles A.  A  
            theoretical analysis of altruism and decision error in      
            public goods games.  27p.                                   
     270    Davis, Douglas D. & Holt, Charles A.  Markets with posted   
            prices: recent results from the laboratory.  43p.           
     271    Ihrig, Jane.  The influence of the dividend tax price on    
            subsidiaries' repatriations.  38p.                          

     WASHINGTON UNIVERSITY-ST. LOUIS.  Department of Economics.         

     206    Felix, David.  On drawing general policy from recent Latin  
            American currency crises.  48p.                             

     UNIVERSITY OF WATERLOO.  Department of Economics.                  

     9604   Andolfatto, David, Gomme, Paul & Storer, Paul.  U.S. labour 
            market policy and the Canada-U.S. unemployment rate gap.    
            38p.                                                        
     9608   Blackorby, Charles, Bossert, Walter & Donaldson, David.     
            Foreign aid and population policy: some ethical             
            considerations.  34p.                                       
     9609   Bossert, Walter.  Uncertainty aversion in nonprobabilistic  
            decision models.  13p.                                      
     9602   Brox, james A. & Fader, Christina A.  Public infrastructure,
            regional efficiency, and factor substitutability in Atlantic
            Canada manufacturing.  25p.                                 
     9603   Brox, James A. & Fader, Christina A.  The science of        
            management and the art of flexibility: assessing the impact 
            of just-in-time using a CES translog tot.  36p.             
     9605   Brox, James A. & Kumar, Ramesh C.  Valuing camp-site        
            characteristics: a generalized travel-cost model of demand  
            for recreational camping.  29p.                             
     9606   Busseri, Michael A., Kerton, Robert R. & Lefcourt, Herbert  
            M.  Beyond control: predicting consumer behavior using a    
            measure for consumer locus of control.  21p.                
     9607   Kumar, Ramesh C.  On optimal capacity expansion for domestic
            processing of an exhaustible natural resource.  25p.        
     9614   Nosal, Ed.  Contract renegotiation in a continuous state    
            space.  28p.                                                
     9615   Nosal, Ed.  Optimal at-will contracts.  20p.                

     UNIVERSITY OF WESTERN ONTARIO.  Department of Economics.           

     9604   Davies, James B. & Zhang, Junsen.  The effects of gender    
            control on fertility and children's consumption.  38p.      
     9606   Laidler, David.  American macroeconomics between World War I
            and the Depression.  57p.                                   
     9605   Nott, Loretta.  Hysteresis in the Canadian labour market:   
            evidence from the 1990s.  26p.                              
     9607   Segal, Uzi.  How to escape Dutch books in dynamic choice.   
            13p.                                                        

     COWLES FOUNDATION AT YALE UNIVERSITY.  Reprint Series.             

     923    Andrews, Donald W.K.  Admissibility of the likelihood ratio 
            test when the parameter space is restricted under the       
            alternative.                                             
     925    Andrews, Donald W.K., Lee, Inpyo & Ploberger, Werner.       
            Optimal changepoint tests for normal linear regression. 
     919    Chang, Yoosoon & Phillips, Peter C.B.  Time series          
            regression with mixtures of integrated processes.        
     924    Hajivassiliou, Vassilis, McFadden, Daniel & Ruud, Paul.     
            Simulation of multivariate normal rectangle probabilities & 
            their derivatives: theoretical and computational result.    
     918    Linton, Oliver & Nielsen, Jens P.  A kernel method of       
            estimating structured nonparametric regression based on     
            marginal integration.                                   
     920    Nordhaus, William D.  Locational competition and the        
            environment: should countries harmonize their environmental 
            policies?.                                               
     921    Phillips, Peter C.B., McFarland, James W. & McMahon, Patrick
            C.  Robust tests of forward exchange market efficiency with 
            empirical evidence from the 1920s.                       
     917    Phillips, Peter C.B. & Ploberger, Werner.  An asymptotic    
            theory of Bayesian inference for time series.           
     922    Shiller, Robert, Kon-ya, Fumiko & Tsutsui, Yoshiro.  Why did
            the Nikkei crash?: expanding the scope of expectations data 
            collection.                                             

     WASHINGTON UNIVERSITY.  CSAB.  Formal Publications (Pamphlets).    

     135    James, Harvey S.  Estimating OSHA compliance costs.  29p.   
     134    Vedder, Richard K.  The three "ps" of American education:   
            performance, productivity, privatization.  27p.             

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